By the theory of intertemporal substitution of labor, a higher current real interest rate ________ the amount of labor ________ at each real wage rate in the current period

A) raises, demanded
B) raises, supplied
C) lowers, demanded
D) lowers, supplied

B

Economics

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A 2005 U.S. Supreme Court ruling was considered very controversial because the justices cited international opinion regarding

a. human trafficking. b. undocumented immigrants. c. abortion. d. the death penalty.

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An open market sale

A) decreases the price of Treasury securities and also decreases their yield. B) increases the price of Treasury securities and decreases their yield. C) increases the price of Treasury securities and also increases their yield. D) decreases the price of Treasury securities and increases their yield.

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