In a Short-Run Macroeconomic Equilibrium, Real GDP Exceeds Potential GDP

question 9

Multiple Choice

In a short-run macroeconomic equilibrium, real GDP exceeds potential GDP. If aggregate demand does not change, then the

• A) short-run aggregate supply curve will shift rightward as the money wage rate falls.
• B) short-run aggregate supply curve will shift leftward as the money wage rate rises.
• C) long-run aggregate supply curve will shift leftward as the money wage rate rises.
• D) long-run aggregate supply curve will shift leftward as the money wage rate falls.

Understand flexible work arrangements and their terminology.

Recognize trends and legislations pertaining to discrimination and rights in the workplace.

Understand the consequences and arrangements of commuter marriages.

Analyze the implications of different employment and societal conditions on individuals and families.

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Definitions:

Private Placements

The sale of securities to a relatively small number of select investors as a way of raising capital.

Bond Issue

entails a corporation or government raising funds by selling bonds to investors, which are debt securities obliging the issuer to pay interest and repay the principal at maturity.

Public Markets

Places or platforms where securities, commodities, or other financial instruments are bought and sold openly, involving a wide range of investors.

Seasoned Equity Offering

The process of offering additional shares for sale by a company that has already gone public.