Which of the following would decrease the unemployment rate?
A) government aid to retrain unemployed workers
B) an increase in the efficiency wage
C) an increase in the minimum wage
D) an increase in labor union membership
A
Economics
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What types of things are sold in input or factor markets? Who are the buyers and sellers in these markets?
What will be an ideal response?
Economics
Assuming the Federal Reserve is targeting the interest rate, a decrease in money demand will
a. shift the LM schedule to the right. b. shift the LM schedule to the left. c. shift the IS schedule to the right. d. not shift the LM schedule. e. none of the above.
Economics