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Author Question: Suppose the equilibrium wage is 10 per hour. A minimum wage is a ________ and affects employment if ... (Read 120 times)

brutforce

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on: Jun 29, 2018
Suppose the equilibrium wage is 10 per hour. A minimum wage is a ________ and affects employment if it is set at ________.
 
  A) price floor; 12 per hour
  B) price floor; 8 per hour
  C) price ceiling; 10 per hour
  D) price ceiling; 12 per hour

Question 2

Which of the following accounts records the change in U.S. official reserves?
 
  A) current account
  B) capital and financial account
  C) official settlements account
  D) none of the above


xoxo123

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

A

Answer to Question 2

C


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