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Author Question: In the above figure, at what minimum wage is the unemployment level equal to 200 million hours? ... (Read 62 times)

skymedlock

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In the above figure, at what minimum wage is the unemployment level equal to 200 million hours?
 
  A) 2 per hour
  B) 4 per hour
  C) 6 per hour
  D) 8 per hour

Question 2

The (false) idea that an industry should be protected because of learning-by-doing until it is large enough to compete successfully in world markets is the ________ argument for protection.
 
  A) cheap foreign labor
  B) infant industry
  C) dumping
  D) comparative advantage



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fdliggud

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Answer to Question 1

C

Answer to Question 2

B




skymedlock

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


Bigfoot1984

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Reply 3 on: Yesterday
Excellent

 

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