This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A worker has negotiated a nominal wage contract with his employer for a period of 3 years. Which of ... (Read 30 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Jun 30, 2018
A worker has negotiated a nominal wage contract with his employer for a period of 3 years. Which of the following will happen if the rate of inflation rises beyond the worker's expectation during this period?
 
  A) The worker's real wage will increase. B) The worker will be better off.
  C) The company's shareholders will be worse off. D) The worker will be worse off.

Question 2

The reversal of fortune is strong evidence against the:
 
  A) religious hypothesis of economic prosperity. B) geography hypothesis of economic prosperity.
  C) culture hypothesis of economic prosperity. D) institutions hypothesis of economic prosperity.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bigcheese9

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

The Dingo was the first placental mammal introduced to Australia, around 4000 years ago The Dingo was the first placental mammal introduced to Australia, around 4000 years ago
World Population Growth, Past 10,000 years World Population Growth, Past 10,000 years
The Workout (Primary Conditioning Period) The Workout (Primary Conditioning Period)
Review of Health and Illness over the Adult Years Review of Health and Illness over the Adult Years
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
Predicted versus Actual GDP per Worker Predicted versus Actual GDP per Worker
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library