An efficiency wage ________ because ________. A) increases job ...

[bobbysung]

An efficiency wage ________ because ________.
 
  A) increases job rationing; the real wage rate is lowered below the equilibrium
  B) decreases job rationing; the real wage rate is lowered below the equilibrium
  C) is used often; it is inexpensive and effective
  D) increases job rationing; the real wage rate is raised above the equilibrium
  E) decreases job rationing; the real wage rate is raised above the equilibrium

Question 2

U-1 is a more ________ measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who ________.
 
  A) narrow; have been unemployed for 15 weeks or more weeks
  B) broad; have been laid off
  C) broad; are marginally attached to the labor force
  D) narrow; have been laid off
  E) broad; who are discouraged workers

[bbburns21]

Answer to Question 1

D

Answer to Question 2

A

[bobbysung]

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[Sarahjh]

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