The money that households might hold either as money or in interest-bearing assets, depending on the interest rate, is called the:

In the above figure, a(n) ________ would be set ________

A) effective minimum wage; above $6.00. B) union wage; above $9.00 but would not affect the natural rate of unemployment. C) efficiency wage; below $9.00 D) efficiency wage; above $6.00. E) efficiency wage; above $9.00 and would increase the natural rate of unemployment

A country must have comparative advantage in a good in order to have absolute advantage in that good

Indicate whether the statement is true or false