A fall in the real wage rate ________ firms' profits and leads to ________ in the quantity supplied

In the United States, part-time workers are

A) less numerous than full-time workers. B) considered discouraged workers. C) about as numerous as full-time workers. D) counted as unemployed in all measures of the unemployment rate. E) more numerous than full-time workers.

A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with ________ had lower inflation rates than countries with ________

A) a large government debt; little to no government debt B) highly independent central banks; central banks that have little independence C) low rates of unemployment; high rates of unemployment D) no private banking system; an independent banking system