Adjusting for inflation, the real minimum wage has fallen over the last 40 years.
Answer the following statement true (T) or false (F)
True
The minimum wage has not kept up with inflation, which means that it is falling in real terms.
Economics
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Real GDP is ________ determined in the classical model and ________ determined in the Keynesian model
A) supply; supply B) supply; demand C) demand; supply D) demand; demand
Economics
In September, USDA estimates that for Corn, the Yield per Harvest Acre is likely to be higher than that predicted in the previous month. The change in estimate (all else equal) will:
a. Increase estimates of Production of Corn b. Increase estimates of Total Supply c. Decrease estimates of Ending Stocks d. a and b are correct e. a, b and c are correct
Economics