« previous next »

Author Question: Physicians salaries increased substantially over the decade 1995-2005 from an average of 215,000 to ... (Read 37 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
on: Jul 1, 2018
Physicians salaries increased substantially over the decade 1995-2005 from an average of 215,000 to 315,000 . What is the best explanation for this?
 a. Physicians were smarter in 2005 than in 1995.
  b. The supply of physicians has increased.
  c. The supply of physicians has decreased.
  d. The demand for physicians has increased.
  e. The demand for physicians has decreased.

Question 2

Suppose you were to believe that money illusion exists that is as prices and incomes both rise proportionally, people buy more. Which of the following characteristics of demand does that cause you to doubt?
 a. demand functions are downward sloping
  b. demand has a positive vertical intercept
  c. demand has a positive horizontal intercept.
  d. demand functions are homogeneous of degree zero.


jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

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

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

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.

This is a still image from an animation of ocean surface currents from June 2005 to December 2007 This is a still image from an animation of ocean surface currents from June 2005 to December 2007
Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ... Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ...
Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ... Effects of septal defects: (A) normal shunt; no cyanosis; (B) increased pressure in right ventricle; ...
By how many times will the population of bacteria have increased after 6 h? By how many times will the population of bacteria have increased after 6 h?
The average percentages by polygraph exams The average percentages by polygraph exams
Average Precipitation Acidities and the Effects of Acid Rain Average Precipitation Acidities and the Effects of Acid Rain
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library