Author Question: Efficiency wages, above equilibrium minimum wage rates, and higher union wages are likely to A) ... (Read 124 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Efficiency wages, above equilibrium minimum wage rates, and higher union wages are likely to
 
  A) reduce the equilibrium real wage rate.
  B) decrease the natural unemployment rate.
  C) increase the equilibrium real wage rate.
  D) increase cyclical unemployment.
  E) increase the natural unemployment rate.

Question 2

According to this Application, for approximately 12 million homeowners in 2012, the amount owed on mortgages was higher than the actual value of the homes. Homeowners who find themselves in this situation are said to be
 
  A) financially grounded. B) subprime borrowers.
  C) underwater. D) shadow mortgage holders.



Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

E

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library