Answer:
Gravitational Force, Normal Force, and Friction Force
Explanation:
If the money supply increases and nominal GDP remains the same, then A. price level increases.
<h3>What is Money Supply?</h3>
This refers to the total amount of money that is in circulation in a country that usually increases spending.
Hence, an open market sale by the federal reserve will increase the interest rates because it would increase investment spending because an OMO sale decreases interest rates which make getting loans easier.
M= Money supply
V= Velocity
P- Price level
Y= nominal GDP
Hence, with the increase in the money supply, then there would be an increase in the price supply.
Read more about money supply here:
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Answer:
Option D, might fall, but we cannot know without more information
Explanation:
Complete question
If real GDP falls by 2% while work hours fall by 10%, then labor productivity:
a. falls
b. is unchanged
c. rises
d. might fall, but we cannot know without more information
Solution -
As we know
Productivity is equal to Real GDP/ Total Hours Worked. This means that if working hours of the labor force reduces then the productivity will rise.
Here GDP also falls but compared to the total working hours the fall of GDP is 1/5. Hence, the productivity might fall/rise as compared to the case when neither the GDP nor the working hours were falling.
Hence, option D is correct
