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

Author Question: An increase in the population and hence the supply of labor causes a A) shortage of labor at the ... (Read 140 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
An increase in the population and hence the supply of labor causes a
 
  A) shortage of labor at the original real wage rate and the real wage rate will fall.
  B) surplus of labor at the original real wage rate and the real wage rate will rise.
  C) surplus of labor at the original real wage rate and the real wage rate will fall.
  D) shortage of labor at the original real wage rate and the real wage rate will rise.

Question 2

Commercial banks do NOT
 
  A) buy U.S. government Treasury bills.
  B) accept deposits from their customers.
  C) make loans to creditworthy individuals and businesses.
  D) determine what assets are money.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

D





 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library