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

Author Question: According to real business cycle theory, real wages are _____ correlated with employment and the ... (Read 85 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
According to real business cycle theory, real wages are _____ correlated with employment and the portion of the population that is not in the labor market _____ with higher real wages.
 
  a. positively; rises.
  b. negatively, does not change.
  c. negatively, rises.
  d. positively; falls.
  e. none of the above.

Question 2

In the classical system, output and employment are primarily dependent on
 
  a. population, productivity, and technology.
  b. technology, capital formation, and thrift.
  c. population, technology, and capital formation.
  d. productivity, thrift, and population.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

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

D

Answer to Question 2

C


wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Branched-chain amino acid oxidation, fatty acid b-oxidation, and the citric acid cycle share a commo Branched-chain amino acid oxidation, fatty acid b-oxidation, and the citric acid cycle share a commo
The hydrologic cycle "الدورة الهيدرولوجية" The hydrologic cycle "الدورة الهيدرولوجية"
Set-Point Theory Set-Point Theory
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
The Cannon-Bard Theory of Emotion The Cannon-Bard Theory of Emotion
The three-step cycle of PCR The three-step cycle of PCR
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library