Author Question: If there is both a decrease in immigration and an increase in workers' non-wage incomes, a. the ... (Read 13 times)

mydiamond

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If there is both a decrease in immigration and an increase in workers' non-wage incomes,
 a. the supply of labor will increase.
 b. the supply of labor will decrease.
 c. the supply of labor will remain unchanged.
 d. the effect on the supply of labor will be indeterminate.

Question 2

_____, uncertainty, and risk of opportunism are the three major reasons due to which U.S. Steel prefers to own its mines, enrichment facilities, and ore carriers.
 a. Involuntary transactions
  b. Transaction costs
  c. Nonspecificity of assets
  d. Trademark and credibility



bpool94

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Answer to Question 1

b

Answer to Question 2

B



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