An increase in the size of the working-age population:

The impact of an increase in the money supply is a(n):

a. increase in the interest rate, which in turn stimulates investment and GDP. b. decrease in the interest rate, which in turn stimulates investment and GDP. c. reduction in the general level of prices, which will increase the disposable income of households. d. improvement in technology, which will stimulate both output and employment.

All of the following describe trends in U.S. labor markets except:

A. substantial growth in the level of employment in the United States since 2000. B. growing wage inequality in the United States in recent decades. C. a slowdown in real wage growth since the 1970s. D. substantial growth in real wages during the last century.