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 187 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?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Gangrene of the toes and foot as a result of an infection often means eventual amputation. Gangrene of the toes and foot as a result of an infection often means eventual amputation.
Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
The Sun Today and as a Giant The Sun Today and as a Giant
Pharmacogenomics and the future of pharmacotherapy. Pharmacogenomics and the future of pharmacotherapy.
How to calculate the future value of a mutual fund How to calculate the future value of a mutual fund
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library