« previous next »

Author Question: As the wage rate decreases, the amount of time spent on market work usually a. increases because ... (Read 140 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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ... Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ...
When young infants hold objects for a long period of time they eventually become habituated to them. When young infants hold objects for a long period of time they eventually become habituated to them.
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
The Geologic Time Scale The Geologic Time Scale
Video: How proteins function? How do proteins work?

For a complete list of videos, visit our video library