Other Things the Same,if Workers and Firms Expected Prices to Rise

question 31

Multiple Choice

Other things the same,if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent,then

• A)employment and production rise.
• B)employment rises and production falls.
• C)employment falls and production rises.
• D)employment and production fall.

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Definitions:

Induction

A method of reasoning that moves from specific instances to form general conclusions or theories.

Felines

A term referring to cats or members of the cat family, which includes domestic cats and their wild relatives.

Whiskers

Long, projecting hairs or bristles growing near the mouth or other parts of the face of many animals, used for sensory purposes.

Fungus

A fungus is a type of living organism that belongs to its own kingdom, separate from plants and animals, characterized by its ability to decompose and absorb organic material.