Author Question: An efficiency wage is ________ because the result is ________. A) set below the equilibrium real ... (Read 72 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
An efficiency wage is ________ because the result is ________.
 
  A) set below the equilibrium real wage; reduced turnover and more work effort
  B) set above the equilibrium real wage; reduced turnover and more work effort
  C) not often used; not much different from minimum wage use
  D) set above the equilibrium real wage; increased turnover and more work effort
  E) set above the equilibrium real wage; reduced turnover and less work effort

Question 2

The figure above shows a nation's consumption function. If disposable income is 2 trillion, then the MPC is ________ and saving is ________.
 
  A) negative; positive
  B) positive; zero
  C) positive; negative
  D) positive; positive
  E) negative; negative



moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

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

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library