Author Question: The struggles and controversies over federal and state powers led to the demise of both the First ... (Read 47 times)

jparksx · **on:** Jun 30, 2018

The struggles and controversies over federal and state powers led to the demise of both the First and Second Bank of the United States.

Indicate whether the statement is true or false

Question 2

Which of the following statements is correct? With respect to efficiency wage models,

a. their key element is an explanation of why the efficiency (or productivity) of workers depends on the real wage.
b. the rationale underlying those models implies that firms will set the real wage above the market clearing level.
c. they explain a real wage rigidity.
d. all of the above