Author Question: Increases in capital per hour worked cannot sustain high rates of economic growth unless accompanied ... (Read 91 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
Increases in capital per hour worked cannot sustain high rates of economic growth unless accompanied by technological change.
 
  Indicate whether the statement is true or false

Question 2

If the market wage rate increases, a firm's labor demand curve does not shift but the labor supply curve shifts to the right.
 
  Indicate whether the statement is true or false


bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Answer to Question 1

TRUE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

For a complete list of videos, visit our video library