Identify at least three key factors in the HPAE's economic success?
What will be an ideal response?
These would include macroeconomic stability; strong, credible commitments to sharing economic growth across all levels of society, including an emphasis on education that helped raise productivity in the labor force; high levels of savings; an emphasis on exports but an openness to imports
Economics
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If the money wage rate does not change, a decrease in the price level will ________ the real wage rate and ________ firms' profit
A) raise; increase B) lower; decrease C) lower; increase D) raise; decrease E) lower; not change
Economics
Are checks money?
What will be an ideal response?
Economics