Suppose we start with a general equilibrium, and the economy experience an improvement in payment technology. Which of the following statements correctly describes the labor market response in the short term?  1. The Fe curve stays unchanged 2. The Fe curve shifts to the right  3. The Fe curve shifts to the left  4. None of the above

please answer all of them

Consider the market for loanable funds. Suppose the demand for loans is given be i=9-Q+π, and the supply of loans is given by i=Q/2+π, where π represents inflation. Now suppose that π=5 (instead of 3, in the previous problem). What is the equilbrium quantity of loans and what is the corresponsing interest rate?      Q*=8, i*=6     Q*=3, i*=6     Q*=6, i*=8     Q*=6, i*=6

The labor force participation rate fell during the pandemic.  This would  shift the LRAS curve right shift the SRAS curve up/left shift the SRAS curve down/right shift the LRAS curve left   As prices rise while wages are sticky, firms' profit per unit rises.  This is an explanation for why rising prices shift SRAS curve to the left the SRAS curve is upward sloping the AD curve is downward sloping rising prices shift SRAS curve to the right       When the economy is at a short-run equilibrium above full employment, what is happening in the labor market? unemployment is high and there will be downward pressure on wages unemployment is low and there will be downward pressure on wages unemployment is high and there will be upward pressure on wages unemployment is low and there will be upward pressure on wages