This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is downward wage rigidity? What will be an ideal response?[br][br][b][color=#FBB117]Question ... (Read 34 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
What is downward wage rigidity?
 
  What will be an ideal response?

Question 2

How can the Federal Reserve actually increase the money supply?
 
  A) by delaying transfer of money among banks
  B) by purchasing more government bonds in the open market
  C) by doubling the reserve requirement
  D) by raising the discount rate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

Downward wage rigidity refers to the phenomena where workers resist a cut in their wages. When downward wage rigidity exists, last year's wage acts as a wage floor for current wages.

Answer to Question 2

B


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Color enhanced X ray of large malignant tumor in the right lung. Color enhanced X ray of large malignant tumor in the right lung.
Incomplete dominance in snapdragon flower color. Red-flowered snapdragons crossed with white-flowere Incomplete dominance in snapdragon flower color. Red-flowered snapdragons crossed with white-flowere
economic question economic question
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library