« previous next »

Author Question: The no shirking constraint (NSC) curve never crosses the supply of labor curve, so A) the market ... (Read 80 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jul 1, 2018
The no shirking constraint (NSC) curve never crosses the supply of labor curve, so
 
  A) the market never reaches equilibrium.
  B) there is always full employment in equilibrium.
  C) there is always some unemployment in equilibrium.
  D) the efficiency wage is always lower than the market-clearing wage.
  E) the gap between the NSC curve and the supply of labor curve equals the difference between the efficiency wage and the market-clearing wage.

Question 2

The wage rate needed to generate enough earnings to reach the 4-person poverty line is often referred to as the working wage.
 
  Indicate whether the statement is true or false


JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

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?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

The Light Curve of a Nova The Light Curve of a Nova
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Stock Market Question Stock Market Question
Mendel’s seven monohybrid crosses of the garden pea Mendel’s seven monohybrid crosses of the garden pea
Inheritance patterns in three crosses involving the agouti allele Inheritance patterns in three crosses involving the agouti allele
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library