Everything else held constant, an autonomous monetary policy tightening ________ aggregate ________
A) increases; demand
B) decreases; demand
C) decreases; supply
D) increases; supply
B
Economics
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If a competitive market operates perfectly, it relies on
A) the number of people buying goods. B) the laws of supply and demand. C) how much people are willing to pay for the products. D) how many products can be produced for sale.
Economics
If a worker receives a weekly nominal wage of $300 and the CPI is 125, the real wage is approximately
a. $210. Cc. $200. d. $300.
Economics