If you have $5,000 in wealth and the price level decreases by 20 percent, then

A) the $5,000 will buy fewer goods and services.
B) the $5,000 will buy more goods and services.
C) the real value of the $5,000 decreases.
D) the real value of the $5,000 remains constant.


B

Economics

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If a bond sells for $2,000 and pays $200 per year in interest, the interest rate on the bond is

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A union could raise wages without causing unemployment of union members if it can increase demand for union labor. How might this goal be achieved?

What will be an ideal response?

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Economics