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Author Question: Which of the following creates job rationing? A) The real wage rate is below the equilibrium ... (Read 87 times)

Beheh

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on: Jun 29, 2018
Which of the following creates job rationing?
 
  A) The real wage rate is below the equilibrium level.
  B) The real wage rate is equal to the equilibrium level.
  C) An increase in unemployment benefits.
  D) The real wage rate is above the equilibrium level.
  E) Job search decreases.

Question 2

U.S. labor productivity slowed during the 1970s because of
 
  i. increasing government taxes and regulations on production.
  ii. the necessity to cope with energy price increases.
  iii. inflation, which shortened the horizon over which businesses made their borrowing plans.
  A) i only B) ii only C) iii only D) Both i and ii E) i, ii, and iii


Jossy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

E


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Beheh

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Reply #2 on: Jun 29, 2018
Thank you :)


Jossy

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Reply #3 on: Jun 29, 2018
Happy to help you


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