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Author Question: Classical economists suggest that unemployment is a short-lived phenomenon because A) wages ... (Read 135 times)

ericka1

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on: Jun 29, 2018
Classical economists suggest that unemployment is a short-lived phenomenon because
 
  A) wages adjust quickly to equilibrate quantity of labor demanded with quantity of labor supplied.
  B) wages remain unchanged when the quantity of labor demanded exceeds the quantity of labor supplied.
  C) wages remain unchanged when the quantity of labor supplied exceeds the quantity of labor demanded.
  D) wages tend to rise slowly when the quantity of labor demanded equals the quantity of labor supplied.

Question 2

Which of the following is most likely to generate a surplus?
 
  A) a price floor
  B) a price ceiling
  C) an illegal market
  D) all of these
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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frre432

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Reply #1 on: Jun 29, 2018
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.
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ericka1

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Reply 2 on: Jun 29, 2018
:D TYSM

aruss1303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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