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 40 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
Thanks for the timely response, appreciate it

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology. Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology.
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: PET Scan Animation

For a complete list of videos, visit our video library