« previous next »

Author Question: According to the Keynesian model with fixed money wages, real wages should be a. negatively ... (Read 31 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
According to the Keynesian model with fixed money wages, real wages should be
 
  a. negatively correlated with changes in output.
  b. positively correlated with changes in unemployment.
  c. negative correlated with changes in the price level.
  d. fixed as well.
  e. both a and c.

Question 2

The Mokyr-DeCanio thesis states that real wages of Northern workers lagged behind price increases during the Civil War (18611865), thus shifting to the workers themselves a major part of the war's cost.
 
  Indicate whether the statement is true or false


nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

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?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Growth of yeast cells in culture fits the logistic growth model. Growth of yeast cells in culture fits the logistic growth model.
Bronchi Model Bronchi Model
The leaky-barrel model: a settling-point model of eating and body weight homeostasis. The leaky-barrel model: a settling-point model of eating and body weight homeostasis.
Model of a purple bacterial reaction center complex Model of a purple bacterial reaction center complex
Steady State in the Two-Country Model Steady State in the Two-Country Model
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ... Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ...
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library