If actual inflation is less than expected inflation, actual real wages will be ________ expected real wages and unemployment will ________
A) less than; rise B) less than; fall C) greater than; rise D) greater than; fall
C
You might also like to view...
Refer to the figure below. In this game, how many dominant strategies does Player A have?
A. 0 B. 4 C. 2 D. 1
The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) will
A) increase federal government spending by about $2 trillion over 10 years. B) cost the government significantly more than the additional taxes and fees enacted under the law will bring in. C) actually reduce government spending over a 20 year period. D) eliminate the budget deficit within 10 years.
Income is considered to be a
A) nontaxable stream of funds. B) flow. C) stock. D) resource.
The latest news report stated that the housing market is making a comeback and that house prices are on the rise. This information is likely to:
A. increase demand for houses now due to a change in expectations of future prices. B. decrease demand for houses now due to a change in expectations of future prices. C. have no effect on the current housing market, but will increase demand in the future. D. have no effect on the current demand for housing, but will decrease current supply.