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Author Question: An efficiency wage ________ because ________. A) increases job rationing; the real wage rate is ... (Read 107 times)

bobbysung

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An efficiency wage ________ because ________.
 
  A) increases job rationing; the real wage rate is lowered below the equilibrium
  B) decreases job rationing; the real wage rate is lowered below the equilibrium
  C) is used often; it is inexpensive and effective
  D) increases job rationing; the real wage rate is raised above the equilibrium
  E) decreases job rationing; the real wage rate is raised above the equilibrium

Question 2

U-1 is a more ________ measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who ________.
 
  A) narrow; have been unemployed for 15 weeks or more weeks
  B) broad; have been laid off
  C) broad; are marginally attached to the labor force
  D) narrow; have been laid off
  E) broad; who are discouraged workers



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bbburns21

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Answer to Question 1

D

Answer to Question 2

A




bobbysung

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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