« previous next »

Author Question: As the wage rate decreases, the amount of time spent on market work usually a. increases because ... (Read 105 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
As the wage rate decreases, the amount of time spent on market work usually
 a. increases because the opportunity cost of nonmarket work increases
  b. increases because of the substitution effect
  c. decreases because of the income effect
  d. decreases because the value of leisure time increases
  e. decreases because the opportunity cost of leisure declines

Question 2

Which of the following groups does not support the special interests of the elderly?
 a. the elderly themselves
  b. the relatives of the elderly
  c. the housing industry
  d. doctors and nursing home operators
  e. those under 65 who are concerned about their future benefits


AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

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?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

A nurse adjusts the rate of a client’s IV. A nurse adjusts the rate of a client’s IV.
Effects of Elevation on Heart Rate and Ventilation Effects of Elevation on Heart Rate and Ventilation
Work and Gender: Women at Work in India Work and Gender: Women at Work in India
Success, You Rock, Achievement, The way we work Success, You Rock, Achievement, The way we work
Time vs. USA Population Exponential Time vs. USA Population Exponential
A system absorbs 623 J of heat while doing 457 J of work. What is the value of U? A system absorbs 623 J of heat while doing 457 J of work. What is the value of U?
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library