Title: Suppose the full-employment equilibrium real wage rate is $11 per hour... Post by: HumptyDumpty89 on Apr 30, 2016 Suppose the full-employment equilibrium real wage rate is $11 per hour while actual real wage rate is $12 per hour. If the actual real wage rate does not change, then
A. job rationing will occur B. job search will decline C. the production function will shift downward D. a positive Okun Gap will occur E. job rationing will decline Title: Re: Suppose the full-employment equilibrium real wage rate is $11 per hour... Post by: HumptyDumpty89 on May 1, 2016 Content hidden
Title: Re: Suppose the full-employment equilibrium real wage rate is $11 per hour... Post by: goodwin on Oct 6, 2018 Thank you
|