[Answered] In the above figure, the equilibrium level of labor is A) 100 billion hours. B) 150 billion ...

This topic contains a solution. Click here to go to the answer

Author Question: In the above figure, the equilibrium level of labor is A) 100 billion hours. B) 150 billion ... (Read 47 times)

lilldybug07

Hero Member
Posts: 546

on: Jun 29, 2018

In the above figure, the equilibrium level of labor is

A) 100 billion hours.
B) 150 billion hours.
C) 200 billion hours.
D) none of the above

Question 2

If the exchange rate is above equilibrium, there will be ________ in the foreign exchange market.

A) a surplus
B) a shortage
C) a decrease in the demand for domestic currency
D) an increase in the demand for domestic currency

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

blfontai

Sr. Member
Posts: 327

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

lilldybug07

Hero Member
Posts: 546

Reply #2 on: Jun 29, 2018

Thank you

blfontai

Sr. Member
Posts: 327

Reply #3 on: Jun 29, 2018

Happy to help you

« previous next »

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.