An efficiency wage is ________ because the result is ________. ...

[Medesa]

An efficiency wage is ________ because the result is ________.
 
  A) set below the equilibrium real wage; reduced turnover and more work effort
  B) set above the equilibrium real wage; reduced turnover and more work effort
  C) not often used; not much different from minimum wage use
  D) set above the equilibrium real wage; increased turnover and more work effort
  E) set above the equilibrium real wage; reduced turnover and less work effort

Question 2

The figure above shows a nation's consumption function. If disposable income is 2 trillion, then the MPC is ________ and saving is ________.
 
  A) negative; positive
  B) positive; zero
  C) positive; negative
  D) positive; positive
  E) negative; negative

[moormoney]

Answer to Question 1

B

Answer to Question 2

C