The weight of empirical evidence suggests that in the United States, the real wage rate is

A) acyclical.
B) bicyclical.
C) procyclical.
D) countercyclical.

C

Economics

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An investor who felt that the U.S. and world economies were about to improve, would be likely to

A) avoid investing in U.S. treasury bonds because interest rates would soon fall causing bond prices to rise. B) avoid investing in U.S. treasury bonds because interest rates would soon rise causing bond prices to fall. C) invest in U.S. treasury bonds because interest rates would soon fall causing bond prices to rise. D) invest in U.S. treasury bonds because interest rates would soon rise causing bond prices to fall.

Economics

Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer

What will be an ideal response?

Economics