This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is likely to cause an increase in the wage rate and a fall in the employment ... (Read 60 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
Which of the following is likely to cause an increase in the wage rate and a fall in the employment level in a country?
 
  A) A right shift in the demand curve for labor, without any change in the supply curve for labor
  B) A left shift in the demand curve for labor, without any change in the supply curve for labor
  C) A right shift in the supply curve for labor, without any change in the demand curve for labor
  D) A left shift in the supply curve for labor, without any change in the demand curve for labor

Question 2

A substitution effect of a price change is represented by:
 
  A) movement along the same indifference curve.
  B) movement to a different indifference curve.
  C) a change in the initial budget line to a new budget line.
  D) a change in the slope of the initial budget line.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


123654777

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
Wow, this really help

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Changes in metabolic rate of selected structures in a mammal's body during different activities Changes in metabolic rate of selected structures in a mammal's body during different activities
Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Rate order question Rate order question
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library