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Author Question: In a competitive labor market, the demand for labor X that produces product Y will increase if the ... (Read 32 times)

cookcarl

  • Hero Member
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  • Posts: 539
on: Jun 30, 2018
In a competitive labor market, the demand for labor X that produces product Y will increase if the demand for product Y increases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A 100 billion increase in government purchases will have the same effect on real GDP as a 100billion decrease in net taxes.
 a. True
  b. False
  Indicate whether the statement is true or false


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snackralk

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kswal303

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  • Posts: 316
Reply 3 on: Yesterday
Great answer, keep it coming :)

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