Other things constant, if the Fed increases the money supply, the money supply curve shifts leftward

The majority of evidence points to the fact that, in the last decade in the United States, labor productivity has

A) stayed the same. B) increased. C) decreased in the manufacturing sector but increased in the service sector. D) decreased.

Real GDP measures the

A) total profits earned by all businesses valued using prices from a single year. B) changes in the prices of output measured in dollars. C) general upward drift in prices. D) value of total production linked to prices of a single year.