The current slowdown in productivity growth afflicting most of the industrialized countries is commonly thought to have begun around

The real wage rate definitely falls if the money wage rate ________ and the price level ________

A) rises; rises B) rises; falls C) remains constant; falls D) remains constant; rises E) falls; falls

The marginal cost to the phone company of handling a long distance call is likely to be

A) higher the fewer such calls people make. B) higher the more the phone company has invested in equipment. C) substantially less than the price charged for the call. D) substantially more than the price charged for the call.