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

Author Question: The percentage of workers whose wages are set by explicit contracts increases. This should (Read 136 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Apr 19, 2019

Question 1

Suppose that workers in the food service industry go on strike during an economic downturn because they are unwilling to accept a cut in their wages unless they know that workers in other industries are receiving similar wage cuts. This example is consistent with the


◦ efficiency wage explanation of unemployment.
◦ explicit contract explanation of unemployment.
◦ social contract explanation of unemployment.
◦ relative-wage explanation of unemployment.

Question 2

The percentage of workers whose wages are set by explicit contracts increases. This should


◦ make it more difficult for the labor market to reach an equilibrium after a change in the demand for labor.
◦ make it easier for the labor market to reach an equilibrium after a change in the demand for labor.
◦ have no impact on the movement of the labor market toward equilibrium after a change in the demand for labor.
◦ cause the labor market to always be at an equilibrium, even if there is a change in the demand for labor.
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 luvbio on Apr 19, 2019

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
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 29% of students answer this correctly


luvbio

  • Hero Member
  • *****
  • Posts: 623
Reply #2 on: Apr 19, 2019
Thank you!


hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Increasing Separation of Masters and Workers Increasing Separation of Masters and Workers
Graph showing the relationship between the freezing point of the coolant and the percentage of ... Graph showing the relationship between the freezing point of the coolant and the percentage of ...
Plot of the percentage of X-linked recessive mutations Plot of the percentage of X-linked recessive mutations
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library