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

Author Question: According to real business cycle theory, real wages are _____ correlated with employment and the ... (Read 47 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
According to real business cycle theory, real wages are _____ correlated with employment and the portion of the population that is not in the labor market _____ with higher real wages.
 
  a. positively; rises.
  b. negatively, does not change.
  c. negatively, rises.
  d. positively; falls.
  e. none of the above.

Question 2

In the classical system, output and employment are primarily dependent on
 
  a. population, productivity, and technology.
  b. technology, capital formation, and thrift.
  c. population, technology, and capital formation.
  d. productivity, thrift, and population.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

The determination of the Calvin cycle by using labelling of CO2 with 14C The determination of the Calvin cycle by using labelling of CO2 with 14C
the four stages of the cell cycle the four stages of the cell cycle
Gymnosperm life cycle Gymnosperm life cycle
Life cycle of acetylcholine (Ach): (1) Ach is released into the synaptic cleft; (2) Ach binds to ... Life cycle of acetylcholine (Ach): (1) Ach is released into the synaptic cleft; (2) Ach binds to ...
The rock cycle and the Earth’s physical environment The rock cycle and the Earth’s physical environment
Business mathematics Business mathematics
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library