This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The equilibrium effects of a prospective future increase in total factor productivity include A) ... (Read 96 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
The equilibrium effects of a prospective future increase in total factor productivity include
 
  A) an increase in the real wage and an increase in the real interest rate.
  B) an increase in the real wage and a decrease in the real interest rate.
  C) a decrease in the real wage and an increase in the real interest rate.
  D) a decrease in the real wage and a decrease in the real interest rate.

Question 2

Early industrialization was characterized by labor-saving technology, and this caused U.S. wages to be lower in the manufacturing industry than would otherwise have been the case.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

False


daltonest1984

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
:D TYSM

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Contrasting (a) polygenic and (b) pleiotropic effects. Contrasting (a) polygenic and (b) pleiotropic effects.
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
How to common factor an expression How to common factor an expression
Effects of Alcohol on the Body Effects of Alcohol on the Body
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Rule of Law and Factor Accumulation, 2009 Rule of Law and Factor Accumulation, 2009
Video: Vascular tissues in a corn stem and a buttercup root

For a complete list of videos, visit our video library