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

Author Question: Suppose the equilibrium wage rate in the labor market is $10 and the demand for labor increases. If ... (Read 136 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Apr 19, 2019

Question 1

Suppose the wage rate in the labor market is $15 and the demand for labor decreases. If wages are sticky


◦ unemployment decreases.
◦ unemployment increases.
◦ unemployment stays the same.
◦ wages decrease to eliminate the surplus.

Question 2

Suppose the equilibrium wage rate in the labor market is $10 and the demand for labor increases. If wages are sticky, there will be a


◦ surplus of labor and the wage rate declines.
◦ shortage of labor and the wage rate increases.
◦ shortage of labor and the wage rate stays the same.
◦ surplus of labor and the wage rate increases.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RODY.ELKHALIL on Apr 19, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Apr 19, 2019
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 50% of students answer this correctly


RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Apr 19, 2019
Thanks


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Factors that Influence Pulse Rate Factors that Influence Pulse Rate
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
The areas in which reading-associated increases in activity were observed in the fMRI study of ... The areas in which reading-associated increases in activity were observed in the fMRI study of ...
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
Iraqi market Iraqi market
Rate order question Rate order question
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library