« previous next »

Author Question: For a household, the opportunity cost of not working is the A) price level. B) nominal wage ... (Read 37 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
For a household, the opportunity cost of not working is the
 
  A) price level.
  B) nominal wage rate.
  C) demand for labor.
  D) cost of living.
  E) real wage rate.

Question 2

According to this Application, the bias in the CPI would be ________ if new goods are ________ incorporated in CPI calculations.
 
  A) smaller; slowly B) smaller; quickly
  C) negligible; slowly D) greater; immediately


momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a
Alan Price - Poor People Alan Price - Poor People
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles. The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
Muscle structure seen at the EM level Muscle structure seen at the EM level
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Skin Cancer

For a complete list of videos, visit our video library