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Author Question: Refer to the scenario above. If the economy is currently on F2 and produces Y3 level of output, a ... (Read 48 times)

lunatika

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on: Jun 30, 2018
Refer to the scenario above. If the economy is currently on F2 and produces Y3 level of output, a leftward shift of the labor demand curve with no change in productivity will cause output to ________.
 
  A) increase from Y3 to Y4 B) decline from Y3 to Y1
  C) decline from Y3 to Y2 D) increase from Y3 to Y5

Question 2

a. Everything else remaining unchanged, what is likely to happen to the demand curve for coffee workers if:
 
  i. there is a fall in the price of coffee.
   ii. there is an increase in the wage rate.
   iii. there is a rise in the price of coffee seeds.
   iv. a new fertilizer that increases the productivity of coffee farmers is invented.
  b. Everything else remaining unchanged, what is likely to happen to the supply curve of female workers if:
   i. the opportunity cost of working outside home decreases.
   ii. there is an increase in the wage rates.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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asware1

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lunatika

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

bblaney

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Reply 3 on: Yesterday
Excellent

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