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Author Question: Suppose the wage rate in the labor market is $20 and the demand for labor increases. If wages are sticky (Read 59 times)

go.lag

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on: Apr 19, 2019

Question 1

Related to the 
Economics in Practice on p. 571: According to the study cited in the 
Economics in Practice, the ________ someone is unemployed, the ________ it is for that person to get a job.


◦ longer; easier
◦ longer; harder
◦ less time; harder
◦ The duration of unemployment does not seem to affect the ability of getting a job.

Question 2

Suppose the wage rate in the labor market is $20 and the demand for labor increases. If wages are sticky


◦ unemployment decreases.
◦ unemployment increases.
◦ unemployment stays the same.
◦ wages decrease to eliminate the surplus.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by go.lag on Apr 19, 2019

CourtneyCNorton

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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.
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go.lag

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

hramirez205

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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