When all the factors of aggregate expenditure are influenced by income, the multiplier is no longer solely a function of the marginal propensity of consumption

Which of the following factors is likely to increase the amount of available labor and decrease the real wages of workers?

A) in increase in the supply of capital stock B) a large number of factory closings C) consumers demanding more goods D) a high influx of immigration

Assume that the current market price is below the market clearing level. We would expect:

A) a surplus to accumulate. B) downward pressure on the current market price. C) upward pressure on the current market price. D) lower production during the next time period.