« previous next »

Author Question: An increase in the demand for labor means that A) the demand for labor increases as a result of ... (Read 111 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
An increase in the demand for labor means that
 
  A) the demand for labor increases as a result of an increase in the real wage rate.
  B) the demand for labor increases at any real wage rate.
  C) the supply of labor must also be increasing.
  D) the demand for labor increases as a result of a decrease in the real wage rate.

Question 2

The Phillips curve is thought to reflect the relationship between
 
  A) unemployment and inflation. B) the price level and inflation.
  C) unemployment and real GDP. D) inflation and real GDP.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

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.

A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage V (Identity) for two cohorts. Scores for both cohorts increase ...
Temperature Means and Ranges Temperature Means and Ranges
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library