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

Author Question: Which of the following is likely to cause an increase in the wage rate and a fall in the employment ... (Read 78 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
Which of the following is likely to cause an increase in the wage rate and a fall in the employment level in a country?
 
  A) A right shift in the demand curve for labor, without any change in the supply curve for labor
  B) A left shift in the demand curve for labor, without any change in the supply curve for labor
  C) A right shift in the supply curve for labor, without any change in the demand curve for labor
  D) A left shift in the supply curve for labor, without any change in the demand curve for labor

Question 2

A substitution effect of a price change is represented by:
 
  A) movement along the same indifference curve.
  B) movement to a different indifference curve.
  C) a change in the initial budget line to a new budget line.
  D) a change in the slope of the initial budget line.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


123654777

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
Gracias!

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
Temperature Changes on Heart Rate Temperature Changes on Heart Rate
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
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: Cleavage and Implantation Animation

For a complete list of videos, visit our video library