Author Question: During World War I (191418), hourly wages (a) decreased in nominal and real terms. (b) increased ... (Read 46 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
During World War I (191418), hourly wages
 
  (a) decreased in nominal and real terms.
  (b) increased in nominal and real terms.
  (c) increased in nominal terms but decreased in real terms.
  (d) decreased in nominal terms but increased in real terms.

Question 2

English mercantilism recognized the law of comparative advantage, thus permitting individuals to specialize in producing those goods and services which they could produce at relatively low opportunity costs and trading those items for those which
 
  they could not. Indicate whether the statement is true or false



swimkari

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

(c)

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library