Author Question: During World War I (191418), hourly wages (a) decreased in nominal and real terms. (b) increased ... (Read 51 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?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library