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

Author Question: Gross domestic product (GDP) will increase if illegal drugs are made legal. a. True b. False ... (Read 82 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Gross domestic product (GDP) will increase if illegal drugs are made legal.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Explain why wage rates might rise at Joe's Quik-Print Shop if Joe replaces his aging copy machines with state-of-the-art copy machines.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

The improvement in technology will boost the productivity of Joe's employees. Their MRP will rise, and since Joe's labor demand curve is the MRP curve, he will be willing and able to hire more workers and pay higher wage rates.


londonang

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Wow, this really help

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Vasoconstrictors and Inotropic Drugs for Shock Vasoconstrictors and Inotropic Drugs for Shock
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Drugs Used in Parkinson's Disease Drugs Used in Parkinson's Disease
Made over Made better Made over Made better
The percentage of Canadian students in Grades 7 through 12 who used drugs The percentage of Canadian students in Grades 7 through 12 who used drugs
What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ... What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ...
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library