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

Author Question: If the price level rises by 4 percent and workers' money wage rates increase by 2 percent, then the ... (Read 170 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
If the price level rises by 4 percent and workers' money wage rates increase by 2 percent, then the
 
  A) quantity of labor supplied decreases.
  B) quantity of labor supplied increases.
  C) quantity of labor supplied does not change because there is no change in the real wage rate.
  D) the supply curve of labor shifts rightward.

Question 2

Frictional unemployment includes
 
  A) unemployment caused by normal labor turnover associated with people leaving and entering the labor force.
  B) unemployment caused by industries moving overseas to better meet foreign competition.
  C) unemployment caused by a lack of education so that workers do not possess necessary job skills.
  D) unemployment caused by automation of the work place that displaces unskilled workers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Metabolic rates of animals that differ in size. Metabolic rates of animals that differ in size.
Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a
Time dependence of the rates of a chemical reaction Time dependence of the rates of a chemical reaction
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ... Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ...
Rapid sea level rise Rapid sea level rise
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library