« previous next »

Author Question: For a typical person who is currently earning a low wage rate, the a. substitution effect of a wage ... (Read 56 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
For a typical person who is currently earning a low wage rate, the
 a. substitution effect of a wage rate increase usually is stronger than the income effect
  b. substitution effect of a wage rate increase usually is weaker than the income effect
  c. income effect of a wage rate increase is usually zero
  d. substitution effect of a wage rate increase is usually zero
  e. substitution and income effects of a wage rate increase tend to work in the same direction

Question 2

Which of the following groups has experienced the greatest decrease in poverty rates since 1959?
 a. the elderly
  b. children
  c. people 18 to 64 years old
  d. women
  e. none of the above (i.e., all of these groups have had higher poverty rates)


debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

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

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

The end of a typical line wrench, which shows that it is capable of grasping most of the head of ... The end of a typical line wrench, which shows that it is capable of grasping most of the head of ...
A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ... A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ...
A typical fire extinguisher designed to be used on class A, B, or C fires. A typical fire extinguisher designed to be used on class A, B, or C fires.
Effect of cooperative substrate binding on enzyme kinetics Effect of cooperative substrate binding on enzyme kinetics
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
The First-Pass Effect The First-Pass Effect
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library