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 167 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
YES! Correct, THANKS for helping me on my review


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library