Author Question: Using the information in Table 6.2, the Astro Consumer Price Index for 2016 is A) 87. B) 104. C) ... (Read 35 times)

joblessjake · **on:** Jun 30, 2018

Using the information in Table 6.2, the Astro Consumer Price Index for 2016 is

A) 87. B) 104. C) 131. D) 298.

Question 2

If the real wage rate decreases from 14.00 per hour to 13.00 per hour, the

A) demand for labor increases.
B) quantity demanded of labor increases.
C) quantity supplied of labor increases.
D) equilibrium quantity of employment must decrease.
E) supply of labor increases.