This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If workers' money wage rates increase by 5 percent and the price level remains constant, workers' ... (Read 136 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
If workers' money wage rates increase by 5 percent and the price level remains constant, workers'
 
  A) quantity of labor supplied will decrease.
  B) quantity of labor supplied will increase.
  C) quantity of labor supplied will not change.
  D) demand for jobs will decrease.

Question 2

In every economic system, choices must be made because resources are ________ and our wants are ________.
 
  A) unlimited; limited
  B) limited; unlimited
  C) unlimited; unlimited
  D) limited; limited


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jsm54321

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Cellular mechanisms that increase protein diversity Cellular mechanisms that increase protein diversity
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
Saving and Investment Rates of Industrialized Countries, 1960–1974 Saving and Investment Rates of Industrialized Countries, 1960–1974
Preterm birth rates, by single and multiple births, Canada Preterm birth rates, by single and multiple births, Canada
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Definitions of stroke volume, preload definition & Factors influencing stroke volume

For a complete list of videos, visit our video library