Based on Price Setting Behavior,we Know That an Increase in the Unemployment

question 21

Multiple Choice

Based on price setting behavior,we know that an increase in the unemployment rate will cause

• A)no change in the real wage.
• B)a reduction in the real wage.
• C)an increase in the real wage.
• D)an upward shift of the PS curve.

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Definitions:

Cash Received

The total amount of money received by a company during a specific period, including revenues, loans, and investment income.

Issued

Refers to securities that have been distributed to investors, typically shares of stock or bonds that the company has sold to the public.

Face Amount

The nominal value of a security stated by the issuer, which is the amount to be repaid at maturity.

Sold

Refers to the completion of a transaction where goods or services are exchanged for payment.