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

Author Question: Suppose that a technological decline makes labor less productive. What is likely to happen to wages ... (Read 61 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jun 30, 2018
Suppose that a technological decline makes labor less productive. What is likely to happen to wages and to potential output?
 
  A) Wages decrease and potential output increases. B) Wages increase and potential output decreases.
  C) Wages increase and potential output increases. D) Wages decrease and potential output decreases.

Question 2

Suppose that your tuition to attend college is 14,000 per year and you spend 5,000 per year on room and board. If you were working full time, you could earn 26,000 per year. What is your opportunity cost of attending college?
 
  A) 19,000 B) 31,000 C) 40,000 D) 45,000
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

mohan

  • Sr. Member
  • ****
  • Posts: 362
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 50% of students answer this correctly


Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 30, 2018
Wow, this really help

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Labor and delivery. Labor and delivery.
Modern Medical Technological Revolution Modern Medical Technological Revolution
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Breakdown of the Population by Schooling and Wages Breakdown of the Population by Schooling and Wages
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
How body makes blood flow more into brain instead of foot? How body makes blood flow more into brain instead of foot?
Video: DNA Replication

For a complete list of videos, visit our video library