This topic contains a solution. Click here to go to the answer

Author Question: In a competitive labor market, the demand for labor X that produces product Y will increase if the ... (Read 89 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
In a competitive labor market, the demand for labor X that produces product Y will increase if the demand for product Y increases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A 100 billion increase in government purchases will have the same effect on real GDP as a 100billion decrease in net taxes.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

True

Answer to Question 2

False




cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
:D TYSM


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library