Author Question: If the opportunity cost of working outside the home increases then it is likely that ________ ... (Read 171 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
If the opportunity cost of working outside the home increases then it is likely that ________ assuming all else equal.
 
  A) there will be a rightward shift in the labor supply curve.
  B) there will be a downward movement along the labor supply curve.
  C) there will be a leftward shift in the labor supply curve.
  D) there will be an upward movement along the labor supply curve.

Question 2

Over short time periods, deficits can help the economy cope with shocks.
 
  Indicate whether the statement is true or false


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library