Author Question: If the opportunity cost of working outside the home increases then it is likely that ________ ... (Read 145 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
If the opportunity cost of working outside the home increases then it is likely that ________ assuming all else equal.
 
  A) there will be a rightward shift in the labor supply curve.
  B) there will be a downward movement along the labor supply curve.
  C) there will be a leftward shift in the labor supply curve.
  D) there will be an upward movement along the labor supply curve.

Question 2

Over short time periods, deficits can help the economy cope with shocks.
 
  Indicate whether the statement is true or false


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library