This topic contains a solution. Click here to go to the answer

Author Question: Those who believe that wages adjust quickly to clear the labor market also believe that (Read 34 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560

Question 1

According to the classical economists, those who are not working


◦ have chosen not to work at the market wage.
◦ are too productive to be hired at the current wage.
◦ are unable to find a job at the current wage rate.
◦ have given up looking for a job, but would accept a job at the current wage if one were offered to them.

Question 2

Those who believe that wages adjust quickly to clear the labor market also believe that


◦ the 
AS curve is upward sloping.
◦ the 
AD curve is steep.
◦ the 
AD curve is flat.
◦ the 
AS curve is vertical.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ghost! on Apr 19, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




ghost!

  • Member
  • Posts: 560
Reply 2 on: Apr 19, 2019
Gracias!


helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library