The real wage rate will fall if the
A) labor supply curve shifts rightward and the labor demand curve does not shift.
B) labor supply curve shifts leftward and the labor demand curve does not shift.
C) labor demand curve shifts rightward and the labor supply curve does not shift.
D) labor demand curve shifts rightward more than the labor supply curve shifts rightward.
A
Economics
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If the money supply is $1,000 . the price level is 3, and real income (or output) is $5,000 . then the velocity of money is _____
a. 0.2 b. 0.6 c. 1.67 d. 5 e. 15
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