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Author Question: Suppose that a technological decline makes labor less productive. What is likely to happen to wages ... (Read 58 times)

Garrulous

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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
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mohan

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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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Garrulous

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

miss.ashley

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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