A fall in the money wage rate shifts
A) both the SAS and LAS curves rightward.
B) both the SAS and LAS curves leftward.
C) the SAS curve rightward but leaves the LAS curve unchanged.
D) the LAS curve rightward but leaves the SAS curve unchanged.
C
Economics
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Steep Upward-Slope of yield curve so expect _____ interest rates
Fill in the blank(s) with the appropriate word(s).
Economics
With a rise in the stock market, the simple LCH model with no bequests predicts ________ in current consumption. Then when adding to the model bequests due to catastrophic illnesses and expenses that fail to occur, current consumption is ________
A) a fall, still predicted to fall B) a fall, predicted to rise C) no change, predicted to rise D) a rise, still predicted to rise E) a rise, predicted to remain unchanged
Economics