« previous next »

Author Question: An estimate of a household's long-run average income is called permanent income. Indicate whether ... (Read 88 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
An estimate of a household's long-run average income is called permanent income.
 
  Indicate whether the statement is true or false

Question 2

It is estimated that, on the average and without taking account of skill differentials, union wages are
 
  A) equal to nonunion wages.
  B) less than nonunion wages.
  C) 66 percent higher than nonunion wages.
  D) 100 percent higher than nonunion wages.
  E) 30 percent higher than nonunion wages.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
How long does exercise affect blood sugar? How long does exercise affect blood sugar?
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Cancer cells can move to new locations in the body, a process called metastasis Cancer cells can move to new locations in the body, a process called metastasis
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library