This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For most firms, the biggest cost of doing business is wages. Indicate whether the statement is ... (Read 54 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
For most firms, the biggest cost of doing business is wages.
 
  Indicate whether the statement is true or false

Question 2

According to the real business cycle theory, which of the following is a TRUE statement about the effects of an oil shock in the 1970s?
 
  A) Relative prices changed but there was no impact on the price level in general.
  B) The natural rate of unemployment remained unchanged, but employment levels did decline.
  C) The shock shifted the short-run aggregate supply curve but not the long-run aggregate supply curve.
  D) The shock affected real variables only and did not affect nominal variables.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
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.
Answer Preview
Only 49% of students answer this correctly


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Private Practice Massage Therapy Business Plan Private Practice Massage Therapy Business Plan
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Effect of Education on Wages Effect of Education on Wages
Cost Accounting 14 Cost Accounting 14
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Business Math Business Math
Video: Definition of heart rate

For a complete list of videos, visit our video library