« previous next »

Author Question: An estimate of a household's long-run average income is called permanent income. Indicate whether ... (Read 86 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?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
C heck the description bcuz the question is too long. there is a file attached but it is the ... C heck the description bcuz the question is too long. there is a file attached but it is the ...
Video: Sigmoidoscopy

For a complete list of videos, visit our video library