This topic contains a solution. Click here to go to the answer

Author Question: The above table has information about the hypothetical economy of Robotica. Based on the data, the ... (Read 194 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The above table has information about the hypothetical economy of Robotica. Based on the data, the size of M1 is
 
  A) 2,600 billion.
  B) 1,110 billion.
  C) 1,510 billion.
  D) 610 billion.
  E) 600 billion.

Question 2

The supply of labor curve has a ________ slope because as the real wage rate rises, ________.
 
  A) positive; the opportunity cost of leisure rises
  B) negative; households work more hours
  C) positive; the opportunity cost of leisure falls
  D) positive; firms offer more jobs
  E) negative; firms hire fewer workers



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

D

Answer to Question 2

A




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Gracias!


kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

For a complete list of videos, visit our video library