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

Author Question: Suppose the equilibrium wage rate in the labor market is $10 and the demand for labor increases. If ... (Read 185 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Apr 19, 2019

Question 1

Suppose the wage rate in the labor market is $15 and the demand for labor decreases. If wages are sticky


◦ unemployment decreases.
◦ unemployment increases.
◦ unemployment stays the same.
◦ wages decrease to eliminate the surplus.

Question 2

Suppose the equilibrium wage rate in the labor market is $10 and the demand for labor increases. If wages are sticky, there will be a


◦ surplus of labor and the wage rate declines.
◦ shortage of labor and the wage rate increases.
◦ shortage of labor and the wage rate stays the same.
◦ surplus of labor and the wage rate increases.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RODY.ELKHALIL on Apr 19, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Apr 19, 2019
Thanks


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
The rate of facilitated diffusion The rate of facilitated diffusion
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library