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 27 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
Great answer, keep it coming :)

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
The proportion of adults 55 to 64 in the labor force in Germany, Italy, and France is low and has ... The proportion of adults 55 to 64 in the labor force in Germany, Italy, and France is low and has ...
Overallocation of Labor to Sector 1 Overallocation of Labor to Sector 1
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
How body makes blood flow more into brain instead of foot? How body makes blood flow more into brain instead of foot?
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library