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

Author Question: New classical macroeconomists believe that a. markets clear each and every period. b. the labor ... (Read 50 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
New classical macroeconomists believe that
 
  a. markets clear each and every period.
  b. the labor market does not clear.
  c. individuals are locked into money wage constraints.
  d. individuals face market constraints in their ability to act in their own self-interest.
  e. none of the above.

Question 2

The supply of labor in the classical system is a function of the
 
  a. marginal product of labor.
  b. real wage.
  c. the public's preference for leisure.
  d. money wage.
  e. b and c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

E


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
:D TYSM

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

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?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Siamese cat, classical colorpoint pattern Siamese cat, classical colorpoint pattern
Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ... Classical complement activations. IgM and IgG3, IgG1, and IgG2 activate the classical pathway of ...
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Energy sources - types

For a complete list of videos, visit our video library