If the price level increases, real wages will: fluctuate randomly. remain constant. decrease. increase.
If the price level in the market increases then in that case the real wages will fall or decrease as with the given wage the labor can purchase less in the market. the answer is "C".
If the price level increases, real wages will: fluctuate randomly. remain constant. decrease. increase.
4 pts Question 13 If bond demand increases, yields will increase. remain constant. decrease. It depends... None of the above. 4 pts Question 13 If bond demand increases, yields will increase. remain constant. decrease. It depends... None of the above.
Thank You! QUESTION 30 Aggregate price level x Real GDP in the price level and a decrease in the In the Aggregate Demand and Supply model (shown), an increase in nominal wages would cause an increase equilibrium level or real GDP in the short run. QUESTION 31 Aggregate price level Real GDP In the Aggregate Demand and Supply model (shown), if the government's budget deficit increases as a result of a tax cut with no cuts in spending, the result...
What would happen to the price level and real GDP if new, large reserves of petroleum and natural gas were found off the coast of South Carolina? [Begin by drawing the AD and SAS curves on a graph] Select one: a. The price level and real GDP will both increase b. The price level and real GDP will both decrease c. The price level will increase, but real GDP will decrease d. The price level will decrease, but real GDP...
Question 1 An increase in the price level will ________ the real value of wealth and, as a result, there will be ________ the aggregate demand curve. have no effect on; no change in increase; a rightward shift of reduce; an upward movement along reduce; a leftward shift of increase; an upward movement along 2. A severe drought hits a country and reduces farm output by 50 percent. This will impact aggregate demand. short-run aggregate supply and aggregate demand. short-run...
If income increases due to a decrease in taxes, then A. utility will remain constant. O B. utility will increase because consumers can afford a larger bundle of goods. O C. utility will increase because consumers will be forced to buy a smaller bundle of goods. D. utility will fall because consumers will be forced to buy a smaller bundle of goods.
What is most likely to happen to the price level and real GDP if the Fed targets a lower Federal Funds Rate? Select one: a. Price level and real GDP will both increase b. Price level and real GDP will both decrease c. Price level will increase, but real GDP will decrease d. Price level will decrease, but real GDP will increase e. Real GDP will increase, but the price level would remain the same
1. Which list contains only things that would make people want to hold more money? a. Interest rates decrease, the price level increases.b. Interest rates decrease, the price level decreases.c. Interest rates increase, the price level increases.d. Interest rates increase, the price level decreases.
QUESTION 4 Suppose that domestic price level is constant and foreign price level increases and the nominal exchange rate depreciates. How will the real exchange rate be affected? real exchange rate appreciates real exchange rate depreciates real exchange rate is not affected none of the above
Suppose expected wages decrease at each price level. As a result, _____________, and __________. Group of answer choices AD decreases; AD shift rightward SRAS increases; AD stay the same SRAS decreases; AD stay the same AD decreases; AD shift leftward
Keynesian theory of sticky wages primarily applies to in the price level during As a result of sticky wages, O both prices charged by firms, and input prices, change at the same rate. O prices charged by firms increase slower than input prices, including wages. salaries paid to workers do not rise to compensate for increases in the price level. salaries paid to workers do not fall at the same rate as decreases in the price level. Sticky wages lead...