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Author Question: Which of the following will decrease the demand for fast-food burger workers' labor? a. More people ... (Read 69 times)

tingc95

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on: Jun 30, 2018
Which of the following will decrease the demand for fast-food burger workers' labor?
 a. More people start working two jobs and eat more fast food.
  b. The price of pizza, a substitute for burgers, decreases.
  c. A new technology allows burgers to be produced faster.
  d. Workers get additional training that increases productivity.
  e. Workers form a union and get higher wages.

Question 2

Which of the following best describes the concept of laissez-faire?
 a. Government should not intervene in the economy.
 b. Government should actively intervene in the economy whenever it judges the action to be beneficial.
 c. Government should intervene in the economy only to promote short-term economic stability.
 d. Government should intervene in the economy only to maximize long-term growth rates.
 e. Government should intervene in the economy only when the economy is not at full employment or there is substantial inflation.


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voltaire123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


tingc95

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

dreamfighter72

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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