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Author Question: A decrease in a person's real wage necessarily means: a. lower purchasing power. b. a lower nominal ... (Read 90 times)

cool

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on: Jun 30, 2018
A decrease in a person's real wage necessarily means:
 a. lower purchasing power.
 b. a lower nominal wage.
 c. a lower personal disposable income.
  d. a higher nominal wage.
 e. a higher personal disposable income.

Question 2

Negative income tax plans have the advantage of increasing work incentives in comparison to existing welfare programs without work incentives.
 a. True
  b. False
  Indicate whether the statement is true or false


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Christopher

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


cool

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  • Posts: 570
Reply 2 on: Jun 30, 2018
Excellent

dawsa925

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  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

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