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Author Question: Jack just received a promotion at work and now works 50 hours per week instead of 35. As a result, ... (Read 120 times)

lbcchick

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on: Jun 29, 2018
Jack just received a promotion at work and now works 50 hours per week instead of 35. As a result,
 
  A) the unemployment rate increased.
  B) the labor force participation rate increased.
  C) the unemployment rate decreased.
  D) neither the unemployment rate nor the labor force participation rate changed.

Question 2

Refer to Figure 11-1. Diminishing marginal returns is illustrated in the per-worker production function in the figure above by a movement from
 
  A) B to C. B) C to D. C) D to C. D) A to C.


mcinincha279

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


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