Question: Macroeconomic help. please show work so i can see how to do it. QUESTION 25 Assuming that nominal wages do not change, all else equal,

Macroeconomic help. please show work so i can see how to do it.

QUESTION 25 Assuming that nominal wages do not change, all else equal, ination O has no impact on real wages. 0 leads to an increase in real wages. 0 leads to a decrease in real wages. QUESTION 26 Assume that in the market for labor, the demand curve is a downward-sloping straight line and the supply curve is an upward-sloping straight line. Now, suppose that there is a sudden increase in the demand for labor. All else equal, we would expect equilibrium real wages to increase. 0 decrease, 0 remain the same. QUESTION 27 Assume that in the market for labor, the demand curve is a downward-sloping straight line and the supply curve is an upward-sloping straight line. In this initial state, the real wage at the intersection of the supply and demand curves is $15. This model predicts unemployment if market regulations are such that the (legally mandated) minimum wage equals: 0 $10 0 $15 0 $20
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