« previous next »

Author Question: Efficiency wages, above equilibrium minimum wage rates, and higher union wages are likely to A) ... (Read 158 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
Efficiency wages, above equilibrium minimum wage rates, and higher union wages are likely to
 
  A) reduce the equilibrium real wage rate.
  B) decrease the natural unemployment rate.
  C) increase the equilibrium real wage rate.
  D) increase cyclical unemployment.
  E) increase the natural unemployment rate.

Question 2

According to this Application, for approximately 12 million homeowners in 2012, the amount owed on mortgages was higher than the actual value of the homes. Homeowners who find themselves in this situation are said to be
 
  A) financially grounded. B) subprime borrowers.
  C) underwater. D) shadow mortgage holders.


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Jun 29, 2018
Thank you :)


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

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.

The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
Infant Mortality Rates Worldwide Infant Mortality Rates Worldwide
Worldwide Mortality Rates and Causes of Death in Children Under Age 5 Worldwide Mortality Rates and Causes of Death in Children Under Age 5
Obesity Rates in United States Obesity Rates in United States
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Video: Cataract

For a complete list of videos, visit our video library