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Author Question: An increase in the real wage rate ________ the quantity of labor demanded and ________ the quantity ... (Read 168 times)

RODY.ELKHALIL

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on: Jun 30, 2018
An increase in the real wage rate ________ the quantity of labor demanded and ________ the quantity of labor supplied.
 
  A) decreases; increases
  B) increases; increases
  C) decreases; decreases
  D) increases; decreases
  E) does not change; does not change

Question 2

According to the income approach to measuring GDP, the largest income category is
 
  A) profits.
  B) rent.
  C) wages.
  D) consumption expenditure.
  E) interest.


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stallen

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


RODY.ELKHALIL

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  • Posts: 591
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

yeungji

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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