According to the liquidity premium theory, if market participants expect that inflation in the future will be lower than it currently is, the yield curve will

At a fixed level of worker productivity, ________

A) lower wages reduce quantity of labor demanded B) higher wages reduce cost of production C) higher wages reduce profits D) lower wages increase quantity of labor supplied

Nominal GDP measures the value of all final goods and services at base-year prices

Indicate whether the statement is true or false