« previous next »

Author Question: Based on our understanding of the wage setting equation, which of the following will not cause a ... (Read 65 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Based on our understanding of the wage setting equation, which of the following will not cause a reduction in the nominal wage?
 
  A) an increase in unemployment
  B) a reduction in the expected price level
  C) a reduction in expected productivity
  D) all of the above
  E) none of the above

Question 2

Based on our understanding of the model presented in Chapter 3, a reduction in investment will cause
 
  A) an increase in the multiplier.
  B) a reduction in the multiplier.
  C) a reduction in the marginal propensity to save.
  D) a reduction in output.
  E) both B and D


Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
How to sketch a quadratic equation that is in standard form (Question 1) How to sketch a quadratic equation that is in standard form (Question 1)
Understanding Youth Justice In Canada Understanding Youth Justice In Canada
Young children\'s understanding of an actor\'s intentions Young children\'s understanding of an actor\'s intentions
system equation system equation
What if the equation for the parabola is a trinomial? How would you substitute the y-points ... What if the equation for the parabola is a trinomial? How would you substitute the y-points ...
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library