Refer to the figure above. Everything else remaining unchanged, at what rate will the wage be held if there is downward wage rigidity in the market, when the demand curve shifts to LD2?
A) $50 B) $30 C) $40 D) $20
A
Economics
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An inverted structure in futures commodity prices (prices falling over time) from the December to May contract
A. potentially rewards storing the commodity for selling later. B. means potentially higher expected profits from postponing selling to May. C. usually means higher expected profits from selling farm output in December rather than in May. D. Both A and B.
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What is a mortgage? What were the important developments in the mortgage market during the years after 1970?
What will be an ideal response?
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