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Answer to Question #135076 in Macroeconomics for December
Question #135076
Incomes policy measures tend to affect…
[1] output and the level of employment in opposite directions.
[2] output and the price level in the same directions.
[3] the level of employment and the price level in the same directions.
[4] the level of unemployment and the price level in the same directions.
[1] output and the level of employment in opposite directions.
[2] output and the price level in the same directions.
[3] the level of employment and the price level in the same directions.
[4] the level of unemployment and the price level in the same directions.
Expert's answer
[4] the level of unemployment and the price level in the same directions.
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