The reluctance to change the relative relationships between wage rates is called a
A) coordination failure.
B) real rigidity.
C) menu cost.
D) macroeconomic externality.
B
Economics
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Refer to Scenario 25-2. As a result of Kristy's deposit, Bank A's reserves immediately increase by
A) $2,000. B) $8,000. C) $10,000. D) $50,000.
Economics
In the short run, an increase in the price level causes:
A. a rightward shift in the aggregate demand curve. B. a leftward shift in the short-run aggregate supply curve. C. a rightward shift in the short-run aggregate supply curve. D. a movement upward along the short-run aggregate supply curve.
Economics