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:

Thymine

One of the four nucleobase components of DNA, pairing with adenine (A) in the DNA double helix.

Guanine

One of the four main nucleobases found in the nucleic acids DNA and RNA, known for pairing with cytosine.

Golgi Bodies

Membrane-bound structures in cells involved in modifying, sorting, and packaging proteins and lipids for secretion or use within the cell.

Neurons

Specialized cells in the nervous system that transmit information throughout the body using electrical and chemical signals.