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

Author Question: Increased saving today means a. more consumption today and in the future b. less consumption today ... (Read 201 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
Increased saving today means
 a. more consumption today and in the future
  b. less consumption today and in the future
  c. more consumption today and less in the future
  d. less consumption today and more in the future
  e. more income today, but the net effect of increased income on the balance between consumption and saving cannot be determined in advance

Question 2

Which of the following is not true regarding the argument for protection as a way of maintaining jobs and wage levels?
 a. Wages may be only a small fraction of total production costs.
  b. High wages do not necessarily imply high labor costs when productivity is taken into account.
  c. U.S. workers are among the most productive in the world partly because they are well educated and trained compared to other countries.
  d. U.S. workers are highly productive partly because they are provided with abundant supplies of machines and physical capital.
  e. It is not possible that the U.S. wages, even when supported by high U.S. output per worker, can render U.S. products competitive with low-wage countries.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scottmt

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


natalie2426

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jun 30, 2018
Correct answers!


scottmt

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Deforestation and increased road-building in the Amazon Rainforest are a significant concern because Deforestation and increased road-building in the Amazon Rainforest are a significant concern because
Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a
The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ... The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ...
A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ... A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ...
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Temperature Means and Ranges Temperature Means and Ranges
Video: Normal and abnormal blood pH

For a complete list of videos, visit our video library