If workers and firms ignore inflation or form their inflation expectations adaptively, expansionary monetary policy will lower unemployment permanently

In the advanced economies, ________ of the factories use advanced capital equipment, and in the developing economies, ________ of the factories use advanced capital equipment

A) virtually all; virtually all B) some; some C) virtually all; none D) some; none of E) virtually all; some

The labor supply for an industry would decrease if

A) the wage rate falls. B) a greater percentage of women want to work outside the home. C) the percentage of the population from age 16 to 65 decreases. D) the government welcomes foreign workers into the country.