When the Unemployment Rate Is on the Horizontal Axis and the Real

question 58

Multiple Choice

When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis,an increase in productivity will cause which of the following to occur?

• A)The wage-setting and price-setting curves will both shift downward.
• B)The wage-setting and price-setting curves will both shift upward.
• C)The price-setting curve to shift downward, and no shift in the wage-setting curve.
• D)The wage-setting curve to shift upward, and the price-setting curve to shift downward.
• E) The wage-setting curve to shift downward, and the price-setting curve to shift upward.

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Definitions:

L1

A term commonly used to refer to the first level of cache memory in a computer’s processor, which is directly accessible by the CPU and designed for fast data retrieval.

Motherboard Component

An integral part of a computer’s system board, which houses the CPU, memory, and other essential connectors.

Expansion Slot

A motherboard socket into which adapters are connected.

CPU Socket

A physical interface on a motherboard that provides mechanical and electrical connections between a microprocessor and the motherboard.