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Author Question: Featherbedding allows unions to increase wages by: a. limiting the supply of labor. b. increasing ... (Read 66 times)

lb_gilbert

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on: Jun 30, 2018
Featherbedding allows unions to increase wages by:
 a. limiting the supply of labor.
  b. increasing firms' demand for labor.
  c. forcing firms to accept higher-than-equilibrium wages.
  d. reducing labor share of payroll taxes.

Question 2

When the government closes an expansionary gap with a change in government spending, the _____ in government spending leads to _____.
 a. decrease; a decrease in both real GDP and the price level
 b. decrease; a decrease in real GDP and an increase in the price level
  c. decrease; an increase in both real GDP and the price level
 d. decrease; an increase in real GDP and a decrease in the price level
  e. increase; a decrease in both real GDP and the price level


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macybarnes

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

b

Answer to Question 2

a


lb_gilbert

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Dinolord

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Reply 3 on: Yesterday
Excellent

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