I need help with these questions.1.
If unskilled workers in poultry processing plants unionize, then the real wage of unskilled
workers in poultry processing plants is predicted to ____ and the employment of
unskilled workers in poultry processing plants is predicted to _____.
Answer
increase; increase
increase; decrease
increase; not change
decrease; decrease
decrease; not change
1 points
Question 2
1.
Providing a constant number of workers with additional capital with which to work will ______
average labor productivity at a _____ rate.
Answer
increase; increasing
increase; constant
increase; decreasing
decrease; decreasing
decrease; constant
1 points
Question 3
1.
Holding other factors constant, if households decide to save more for bequest purposes, then the
real interest rate will _____ and the equilibrium quantity of saving and investment will _____.
Answer
increase; increase
increase; not change
increase; decrease
decrease; increase
decrease; decrease
1 points
Question 4
1.
Elaine owns a beautiful diamond ring she purchased for $2,500. When she has it appraised she
learns it is now worth $3,000. Based on this information:
Answer
Elaine's saving this year has increased by $500.
Elaine's saving this year has decreased by $500.
Elaine has a $500 capital gain.
Elaine has a $500 capital loss.
Elaine's wealth is unchanged.
This question was answered on: Sep 21, 2023
Solution~00021147721101.zip (25.37 KB)
This attachment is locked
Our expert Writers have done this assignment before, you can reorder for a fresh, original and plagiarism-free copy and it will be redone much faster (Deadline assured. Flexible pricing. TurnItIn Report provided)
Answered
QUALITYApproved
DATE ANSWEREDSep 21, 2023
EXPERTTutor
ANSWER RATING
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
