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

Author Question: New classical macroeconomists believe that a. markets clear each and every period. b. the labor ... (Read 38 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
New classical macroeconomists believe that
 
  a. markets clear each and every period.
  b. the labor market does not clear.
  c. individuals are locked into money wage constraints.
  d. individuals face market constraints in their ability to act in their own self-interest.
  e. none of the above.

Question 2

The supply of labor in the classical system is a function of the
 
  a. marginal product of labor.
  b. real wage.
  c. the public's preference for leisure.
  d. money wage.
  e. b and c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

E


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Wow, this really help

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Synodic Period Synodic Period
Adolescence is a key period for the development of lifelong interests and career paths. Adolescence is a key period for the development of lifelong interests and career paths.
Two classical models for the cooperative ligand binding by hemoglobin Two classical models for the cooperative ligand binding by hemoglobin
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Epidural Hematoma

For a complete list of videos, visit our video library