Based on the graph showing a reduction in the growth of the money supply, real wages initially rise because the decrease in inflation rate is ______.

All else equal, as the price of oil rises, potential profits from producing oil ________ which ________ oil companies to look for additional sources of oil

A) increase; encourages B) increase; discourages C) decrease; encourages D) decrease; discourages

At 2015 prices, the value of production in 2016 was 6 percentage points higher than in 2015. At 2016 prices, the value of production in 2016 was 4 percentage points higher than in 2015

Using the chain-weighted output index, real GDP is ________ in 2016 than in 2015. A) 10 percent greater B) 5 percent greater C) 7.5 percent greater D) 4 percent smaller