In the Keynesian model with a variable money wage and variable price level, an increase in the money supply lead to a rise in all of the following except
a. price level.
b. output.
c. real wage.
d. level of employment.
e. all of these rise
C
Economics
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Generally, there is _____ relationship between the GDP of a country and the number of work-hours in the country
a. an indirect b. a fluctuating c. a constant d. no
Economics
Which of the following is a normative economic statement?
A. Auto mechanics typically earned more than waitresses in the United States in 2017. B. Most wait staff are women. C. Few auto mechanics are women. D. Men and women should earn the same salary if they perform the same job.
Economics