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Author Question: Refer to Table 4-4. What is the equilibrium hourly wage (W) and the equilibrium quantity of labor ... (Read 41 times)

cookcarl

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on: Jun 29, 2018
Refer to Table 4-4. What is the equilibrium hourly wage (W) and the equilibrium quantity of labor (Q)?
 
  A) W = 9.00; Q = 370,000 B) W = 9.00; Q = 740,000
  C) W = 8.50; Q = 380,000 D) W = 8.50; Q = 360,000

Question 2

Refer to Figure 18-2. Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?
 
  A) Interest rates rise in the United States. B) Real income falls in England.
  C) Real income rises in the United States. D) Interest rates rise in England.


Carliemb17

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


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cookcarl

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Reply #2 on: Jun 29, 2018
Thank you


Carliemb17

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Reply #3 on: Jun 29, 2018
No problemo


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