Answer Happy

1. A person will choose to accept a job if;
a. the persons reservation wage rate is more than the offered
wage
b. the offered wage rate is higher than the ongoing market
equilibrium wage rate
c. the personas reservations wage rate is more than the
equilibrium wage
d. the offered wage is higher than the persons value on the
Marhinsl leisure of hr
2.
In accordance with the Kenyensian liquidity preference theory,
if the only financial assets thats people hold as wealth are money
and bonds, that if the supply of money exceed the demand this will
lead to the price of bonds ____ and the rate of interest ______
a. Increasing, Increase
b. Increase, decreasing
c. Decreasing, Increasing
d. decreasing, decreasing