Multiple Choice
When drawn against the real interest rate,the output supply curve is upward sloping because labor supply is
A) increasing in the real interest rate and labor demand is independent of the real interest rate.
B) decreasing in the real interest rate and labor demand is independent of the real interest rate.
C) independent of the real interest rate and labor demand is increasing in the real interest rate.
D) independent of the real interest rate and labor demand is decreasing in the real interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: A temporary increase in government spending that
Q15: When drawn against current income,the slope of
Q16: In the real intertemporal model,an adverse sectoral
Q17: A consumer may increase her saving by<br>A)
Q18: Firms discount future profits at the interest
Q20: When drawn against the real interest rate,the
Q21: How many of the following business cycle
Q22: In the real intertemporal model with investment<br>A)
Q23: When drawn against the real interest rate,the
Q24: An increase in credit market frictions<br>A) decreases