« previous next »

Author Question: For a typical person who is currently earning a low wage rate, the a. substitution effect of a wage ... (Read 100 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
For a typical person who is currently earning a low wage rate, the
 a. substitution effect of a wage rate increase usually is stronger than the income effect
  b. substitution effect of a wage rate increase usually is weaker than the income effect
  c. income effect of a wage rate increase is usually zero
  d. substitution effect of a wage rate increase is usually zero
  e. substitution and income effects of a wage rate increase tend to work in the same direction

Question 2

Which of the following groups has experienced the greatest decrease in poverty rates since 1959?
 a. the elderly
  b. children
  c. people 18 to 64 years old
  d. women
  e. none of the above (i.e., all of these groups have had higher poverty rates)


debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Typical computer-controlled diesel engine fuel injectors. Typical computer-controlled diesel engine fuel injectors.
A typical catalytic converter with a monolithic substrate. A typical catalytic converter with a monolithic substrate.
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Effect of a catalyst on activation energy Effect of a catalyst on activation energy
Typical leaf structure of eudicots (left) and monocots (right). Typical leaf structure of eudicots (left) and monocots (right).
The Effect of Multiple Contributing Genes on Phenotypic Variation The Effect of Multiple Contributing Genes on Phenotypic Variation
Video: Muscular System Animation

For a complete list of videos, visit our video library