« previous next »

Author Question: An estimate of a household's long-run average income is called permanent income. Indicate whether ... (Read 100 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?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Wood first appeared in plants called progymnosperms. Wood first appeared in plants called progymnosperms.
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ... A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ...
Types of Long-Term Memories Types of Long-Term Memories
An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ... An 82-kg painter stands on a long horizontal board 1.55 m from one end. This 27-kg board is ...
Video: Deglutition

For a complete list of videos, visit our video library