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

Author Question: In 2008 the money wage rate in Ireland increased by 4 percent while the price level increased by 8 ... (Read 212 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
In 2008 the money wage rate in Ireland increased by 4 percent while the price level increased by 8 percent. As a result, Ireland's
 
  A) short-run aggregate supply curve shifted leftward.
  B) short-run aggregate supply curve shifted rightward.
  C) long-run aggregate supply curve shifted rightward.
  D) short-run and long-run aggregate supply curves shifted rightward.

Question 2

The above figure shows the market for neckties after the government has imposed a tax. How much government revenue is generated by the tax?
 
  A) 1,000.00 per month
  B) 800.00 per month
  C) 500.00 per month
  D) 400.00 per month


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

strudel15

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jun 29, 2018
:D TYSM

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

View from the Phoenix lander, 2008 View from the Phoenix lander, 2008
A steady needle reading that rises 2 or 3 inches Hg when the engine speed is increased slightly ... A steady needle reading that rises 2 or 3 inches Hg when the engine speed is increased slightly ...
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles. The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ... Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ...
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Epidural Hematoma

For a complete list of videos, visit our video library