Labor market equilibrium occurs at a real wage where the demand for labor exceeds the supply of labor

A decrease in the real interest rate outside of the United States will cause net capital outflows to ________ and cause the dollar to ________ relative to other currencies

A) increase; appreciate B) increase; depreciate C) decrease; appreciate D) decrease; depreciate

The law of demand says that the lower the price of a good, other things constant,

a. the smaller the demand for that good b. the larger the demand for that good c. the smaller the quantity demanded of that good d. the larger the quantity demanded of that good e. the smaller the real income of consumers and the lower the quantity demanded of that good