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

Author Question: The percentage of workers whose wages are set by explicit contracts increases. This should (Read 130 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Apr 19, 2019

Question 1

Suppose that workers in the food service industry go on strike during an economic downturn because they are unwilling to accept a cut in their wages unless they know that workers in other industries are receiving similar wage cuts. This example is consistent with the


◦ efficiency wage explanation of unemployment.
◦ explicit contract explanation of unemployment.
◦ social contract explanation of unemployment.
◦ relative-wage explanation of unemployment.

Question 2

The percentage of workers whose wages are set by explicit contracts increases. This should


◦ make it more difficult for the labor market to reach an equilibrium after a change in the demand for labor.
◦ make it easier for the labor market to reach an equilibrium after a change in the demand for labor.
◦ have no impact on the movement of the labor market toward equilibrium after a change in the demand for labor.
◦ cause the labor market to always be at an equilibrium, even if there is a change in the demand for labor.
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 luvbio on Apr 19, 2019

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
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 29% of students answer this correctly


luvbio

  • Hero Member
  • *****
  • Posts: 623
Reply #2 on: Apr 19, 2019
Thank you!


hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
The percentage of women over 40 in the United States who are childless has almost doubled in the ... The percentage of women over 40 in the United States who are childless has almost doubled in the ...
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
Effect of Education on Wages Effect of Education on Wages
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Video: T cell receptors

For a complete list of videos, visit our video library