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Author Question: Minimum wages: A) benefit all workers. B) are usually set below equilibrium wages. C) can reduce ... (Read 61 times)

appyboo

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on: Jun 30, 2018
Minimum wages:
 
  A) benefit all workers. B) are usually set below equilibrium wages.
  C) can reduce wage rigidity. D) can increase unemployment.

Question 2

Refer to the scenario above. If India pegs the exchange rate at 70 rupees per dollar, it will require ________ rupees to repay the loan in dollars.
 
  A) 700,000 B) 70 C) 70,000 D) 7,000


yifu223

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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