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HumptyDumpty89 HumptyDumpty89
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7 years ago
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
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HumptyDumpty89 AuthorHumptyDumpty89
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7 years ago
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5 years ago
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