Author Question: The demand curve for labor indicates that: a. as the real wage rate increases, employers will hire ... (Read 43 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
The demand curve for labor indicates that:
 a. as the real wage rate increases, employers will hire more workers.
  b. as the nominal wage rate increases, employers will hire more workers.
  c. as the nominal wage rate decreases, the real wage rate increases.
  d. as the real wage rate increases, employers will hire fewer workers.
  e. as the real wage rate decreases the nominal wage rate increases.

Question 2

Individuals acting with self-interest:
 a. always choose the same options as other rational individuals.
  b. never do voluntary work.
  c. always try to attain satisfaction at the expense of others.
  d. choose options that give them the greatest amount of satisfaction.
  e. have a perfectly elastic demand curve.



ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library