« previous next »

Author Question: An implication of the fact that the labor market is perfectly competitive is that: A) there is ... (Read 43 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
An implication of the fact that the labor market is perfectly competitive is that:
 
  A) there is always some unemployment.
  B) the labor demand curve is upward sloping and the labor supply curve is downward sloping.
  C) the quantity of labor demanded always exceeds the quantity of labor supplied.
  D) a worker willing to work at the equilibrium wage rate can instantly find work.

Question 2

If a check written on one bank is deposited in another bank
 
  A) new reserves are created for the banking system.
  B) the money supply decreases.
  C) the money supply remains unchanged.
  D) the money supply increases.


akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sabina

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jun 30, 2018
Thank you


akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

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.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Stages of labor. Stages of labor.
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Eye Fact Poster Eye Fact Poster
Video: Supine Position

For a complete list of videos, visit our video library