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

Author Question: If wages are sticky, a decrease in labor (Read 18 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Apr 19, 2019

Question 1

If the wage rate in the labor market is $17 and the productivity of workers decreases, which of the following statements is 
incorrect?


◦ The labor demand curve shifts to the left.
◦ If wages are flexible, there will be a decrease in wages.
◦ If wages are sticky, there will be a shortage in the labor market.
◦ If wages are sticky, there will be a surplus in the labor market.

Question 2

If wages are sticky, a decrease in labor


◦ supply decreases the wage rate.
◦ demand increases the wage rate.
◦ demand decreases the wage rate.
◦ None of these
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CBme on Apr 19, 2019

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


CBme

  • Member
  • Posts: 548
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere
Labor and delivery. Labor and delivery.
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Sticky foods such as dried fruits can adhere to teeth and promote decay Sticky foods such as dried fruits can adhere to teeth and promote decay
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library