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

Author Question: In the 1770s the per capita income in the colonies: a. was higher than the per capita income in ... (Read 281 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 30, 2018
In the 1770s the per capita income in the colonies:
 a. was higher than the per capita income in developing countries today.
  b. was significantly lower than the per capita income in England during the same period.
  c. was impossible to determine due to inaccurate and incomplete data.
  d. was lower than the current per capita income in developing countries..

Question 2

Assuming that (1) labor supply is perfectly inelastic (vertical), and (2) immigrants and skilled labor are complements, an increase in unskilled immigrant labor ___________ the real wages of unskilled labor and __________the real wages of skilled labor.
 a. increases; increases
  b. increases; decreases
  c. decreases; increases
  d. decreases; decreases


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

a. was better than the quality of life in developing countries today.

Answer to Question 2

c. decreases; increases


kamilo84

  • Member
  • Posts: 495
Reply 2 on: Jun 30, 2018
Gracias!

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

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?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Muskox populations remain in the Arctic all year, though they migrate to higher elevations in the wi Muskox populations remain in the Arctic all year, though they migrate to higher elevations in the wi
Distribution of the Income of Americans Distribution of the Income of Americans
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Video: Sigmoidoscopy

For a complete list of videos, visit our video library