Question Refers to the Following Diagram

question 26

Multiple Choice

Question refers to the following diagram:

-Suppose the wage is currently W₁ and L₁ is the level of employment.If this market is characterized by delayed supply responses,in the immediate period the wage will:

• A)rise and employment will rise
• B)rise and employment will remain unchanged
• C)remain unchanged and employment will rise
• D)remain unchanged and employment will remain unchanged

Comprehend the government's fiscal capabilities to avoid default.

Analyze stock valuations through price-earnings ratios.

Calculate expected inflation impacts on interest rates.

Explain the mechanism and purpose of collateralized debt obligations (CDOs).