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

Author Question: According to Keynes' fixed money wage theory, when the price level is higher than expected the real ... (Read 41 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
According to Keynes' fixed money wage theory, when the price level is higher than expected the real wage is ____ than expected and unemployment is ______ than expected.
 
  a. lower; lower
  b. higher, higher
  c. lower; higher
  d. higher; lower

Question 2

Which of the following best describes typical employer attitudes toward organized labor (unions) during the 19th century?
 
  (a) Positiveunions could promote cooperation with management to achieve
  more efficient operations
  (b) Negativeunion-promoted labor gains seized profits and encouraged
  inefficient behavior
  (c) Indifferentunions had little impact on business profitability
  (d) Mixedabout half of employers favored unions and half opposed them


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

(b)


saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Excellent

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
The Elastic Rebound Theory The Elastic Rebound Theory
Ripped Money Ripped Money
The main avenue to the upward social mobility reviewed in the text has been higher education. The main avenue to the upward social mobility reviewed in the text has been higher education.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Upper-Level Maps Upper-Level Maps
Video: Eczema

For a complete list of videos, visit our video library