Time left 1:24:35 Question 1 Not yet answered Marked out of 1.00 Flag question Question text According to efficiency wage theory, what is a way to increase employees' work effort? Question 1Answer a. increase wages b. decrease wages c. reduce the number of supervisors d. increase the number of supervisors Question 2 Not yet answered Marked out of 1.00 Flag question Question text A central bank raised the reserve requirement ratio from 5 percent to 8 percent. Other things the same, how does the money multiplier change in percentage terms? Question 2Answer a. It decreases by 7.5% b. It decreases by 37.5% c. It decreases by 60% d. None of the above e. It increases by 60% Question 3 Not yet answered Marked out of 1.00 Flag question Question text A foreign governmental statistics agency recently reported that there were 37.6 million people over age 25 who had at least a bachelor's degree. Of this number, 28.0 million were in the labour force and 25.9 million were employed. What was the employment rate in this group? Question 3Answer a. about 92.5 percent b. about 7.5 percent c. about 31.1 percent d. about 68.9 percent e. None of the above