An unanticipated reduction in the level of prices in the goods and services market, which results in a temporary increase in real wage rates, will
a. increase the natural rate of unemployment.
b. reduce the natural rate of unemployment.
c. result in an actual rate of unemployment that is less than the natural rate of unemployment.
d. result in an actual rate of unemployment that is greater than the natural rate of unemployment.
D
Economics
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Which of the following happens if the long-run real interest rates fall?
A) The demand for loans fall. B) Employment increases. C) Nominal wages fall. D) Imports increase.
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Other things constant, a higher price for corn tends to increase
A) the supply of corn. B) the quantity supplied of corn. C) the demand for corn. D) the quantity demanded for corn.
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