If Workers Do Not Believe That Policymakers Are Serious About

question 38

Multiple Choice

If workers do not believe that policymakers are serious about fighting inflation,they are most likely to push for higher wages,which will ________ aggregate ________ and lead to unemployment or inflation or both,everything else held constant.

• A)decrease;demand
• B)increase;demand
• C)decrease;supply
• D)increase;supply

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Definitions:

Placental Mammals

Mammals that give birth to live young that have developed inside the uterus with the aid of a placenta.

Bipedalism

Habitual upright walking.

Energy-dense Diet

A diet that is high in calories per serving, typically containing high levels of fat and sugar.

Climate Change

The significant alterations in global or regional climate patterns, primarily attributed to human activities, such as the burning of fossil fuels, leading to global warming and varied impacts on ecosystems.