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

Author Question: The income and substitution effects of a change in the wage rate a. always work in the same ... (Read 91 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
The income and substitution effects of a change in the wage rate
 a. always work in the same direction
  b. always work in opposite directions
  c. work in opposite directions only if the change is a decrease
  d. work in the same direction only if the change is an increase
  e. work in the same direction only if the change is a decrease

Question 2

Which of the following accounts for approximately three-fourths of all welfare spending?
 a. the school lunch program
  b. the earned income tax credit
  c. unemployment compensation and workers' compensation combined
  d. in-kind transfers
  e. cash transfers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


TVarnum

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

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?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Remove all jewelry before performing service work on any vehicle. Remove all jewelry before performing service work on any vehicle.
Carbon Dioxide, Trace Gases, and Climate Change Carbon Dioxide, Trace Gases, and Climate Change
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
Effects of El Niño Effects of El Niño
Video: Monohybrid crosses

For a complete list of videos, visit our video library