Author Question: If the opportunity cost of working outside the home increases then it is likely that ________ ... (Read 47 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
If the opportunity cost of working outside the home increases then it is likely that ________ assuming all else equal.
 
  A) there will be a rightward shift in the labor supply curve.
  B) there will be a downward movement along the labor supply curve.
  C) there will be a leftward shift in the labor supply curve.
  D) there will be an upward movement along the labor supply curve.

Question 2

Over short time periods, deficits can help the economy cope with shocks.
 
  Indicate whether the statement is true or false


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library