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Author Question: Labor productivity rises when A) average worker output rises. B) nominal wages fall. C) average ... (Read 158 times)

Destiiny22

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on: Jun 30, 2018
Labor productivity rises when
 
  A) average worker output rises. B) nominal wages fall.
  C) average worker output falls. D) business investment falls.

Question 2

One tenet of classical economics is that
 
  A) the role of the government should be limited, since the market will always be self-correcting.
  B) the government should set a minimum wage slightly above the natural market equilibrium rate.
  C) the government should intervene whenever necessary to avoid any unemployment.
  D) wages and prices are sticky downward.


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shaikhs

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

A

Answer to Question 2

A


Destiiny22

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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