This topic contains a solution. Click here to go to the answer

Author Question: In the above figure, what is the full-employment real wage rate and quantity of hours per year? ... (Read 80 times)

student77

  • Hero Member
  • *****
  • Posts: 567
In the above figure, what is the full-employment real wage rate and quantity of hours per year?
 
  A) 40 and 60 billion hours per year
  B) 50 and 100 billion hours per year
  C) 35 and 100 billion hours per year
  D) 50 and 40 billion hours per year

Question 2

The best example of a frictionally unemployed individual is
 
  A) Charles who has lost his job as an autoworker because of increased imports and can't find a good job that utilizes his skills.
  B) Mary who quit her job to find work closer to her home.
  C) Sam who lost his job as a real estate salesperson when the housing market went soft because of a recession.
  D) Sandy who has few skills and is no longer looking for work.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

B





 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library