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

Author Question: With respect to an auction market, a. labor and output are assumed to be traded in markets that ... (Read 15 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
With respect to an auction market,
 
  a. labor and output are assumed to be traded in markets that are not always in equilibrium.
  b. all participants make decisions based on announced nominal wage rates.
  c. all participants make decisions based on announced product prices.
  d. All of the above
  e. None of the above

Question 2

Within rich economies, there is strong evidence of convergence ________.
 
  A) for regions within a country
  B) with developing economies
  C) leading to military conflict
  D) of capital stocks, rather than output


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Thank you :)


todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV. When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV.
A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ... A spark tester connected to a spark plug wire or coil output. A typical spark tester will fire only ...
North Korea: Labor Issues North Korea: Labor Issues
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Video: Inflammation and Fever

For a complete list of videos, visit our video library