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

Author Question: In the 1770s the per capita income in the colonies: a. was higher than the per capita income in ... (Read 50 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 30, 2018
In the 1770s the per capita income in the colonies:
 a. was higher than the per capita income in developing countries today.
  b. was significantly lower than the per capita income in England during the same period.
  c. was impossible to determine due to inaccurate and incomplete data.
  d. was lower than the current per capita income in developing countries..

Question 2

Assuming that (1) labor supply is perfectly inelastic (vertical), and (2) immigrants and skilled labor are complements, an increase in unskilled immigrant labor ___________ the real wages of unskilled labor and __________the real wages of skilled labor.
 a. increases; increases
  b. increases; decreases
  c. decreases; increases
  d. decreases; decreases


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

a. was better than the quality of life in developing countries today.

Answer to Question 2

c. decreases; increases


kamilo84

  • Member
  • Posts: 495
Reply 2 on: Jun 30, 2018
Wow, this really help

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Yellow colonies of S. aureus Yellow colonies of S. aureus
Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
How to use implicit differentiation with higher order derivatives How to use implicit differentiation with higher order derivatives
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Democracy and GDP per Capita Democracy and GDP per Capita
Video: Inflammation Animation

For a complete list of videos, visit our video library