Author Question: An efficiency wage is ________ because the result is ________. A) set below the equilibrium real ... (Read 109 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
An efficiency wage is ________ because the result is ________.
 
  A) set below the equilibrium real wage; reduced turnover and more work effort
  B) set above the equilibrium real wage; reduced turnover and more work effort
  C) not often used; not much different from minimum wage use
  D) set above the equilibrium real wage; increased turnover and more work effort
  E) set above the equilibrium real wage; reduced turnover and less work effort

Question 2

The figure above shows a nation's consumption function. If disposable income is 2 trillion, then the MPC is ________ and saving is ________.
 
  A) negative; positive
  B) positive; zero
  C) positive; negative
  D) positive; positive
  E) negative; negative



moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library