When the price level increases there is ________ movement along the aggregate demand curve because the buying power of money ________

Explain the income and substitution effects of an increase in the interest rate on savings

What will be an ideal response?

A bilateral monopoly means

A) that a monopsonistic employer bargains with two unions. B) that a monopsonistic employer bargains with both an industrial and a craft union. C) that a monopsonistic employer bargains with a monopoly. D) that an industrial union bargains with a two-firm oligopoly.