This topic contains a solution. Click here to go to the answer

Author Question: Economists define a labor market with only one buyer to be: a. a monopoly. b. an oligopoly. c. a ... (Read 46 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
Economists define a labor market with only one buyer to be:
 a. a monopoly.
  b. an oligopoly.
  c. a monopsony.
  d. perfectly competitive.
  e. backward bending.

Question 2

Higher unemployment benefits funded by higher taxes on earnings would:
 a. decrease aggregate supply in an economy.
  b. increase the supply of labor in an economy.
  c. increase the price level in an economy.
 d. decrease aggregate demand in an economy.
  e. increase the opportunity cost of leisure.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jayson

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

c

Answer to Question 2

a




corkyiscool3328

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


shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

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

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library