Author Question: In case of the textile industries of England in 1811, the invention of new technology that allowed ... (Read 134 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
In case of the textile industries of England in 1811, the invention of new technology that allowed workers to complete tasks in minutes that had previously taken hours, resulted in a(n):
 
  A) increase in the demand for labor in the textile industries.
  B) increase in the quantity demanded of labor in the textile industries.
  C) decrease in the demand for labor in the textile industries.
  D) decrease in the quantity demanded of labor in the textile industries.

Question 2

According to this Application, if the volatility of energy prices led to expectations of declining real GDP, investment spending at that time would tend to decrease.
 
  This relationship between the decrease in investment spending and the expected decline in real GDP would be expressed by the
  A) present value theory. B) liquidity principle.
  C) accelerator theory. D) real-nominal principle.



jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library