Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

With respect to market forces and/or labor markets that determine peoples' wages, which of the following is a true statement?

labor markets consider how much a family needs for health care

market forces consider what happens to families in their business decisions

labor markets consider how much a family needs for necessities

labor markets create considerable inequalities relating to income

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91233409

Have any Question?


Related Questions in Microeconomics

Question despite the decline in unionization the presence

Question: Despite the decline in unionization, the presence of unions has an impact on labor conditions in the nonunion sector. List and explain three complications that arise in measurement of the pure union wage advant ...

Question suppose a country has 100 inhabitants the

Question: Suppose a country has 100 inhabitants. The population can be divided into two categories: employed and unemployed. In any given year, the transition probabilities from employed to employed is 0.95 and from unem ...

Question from 1947 to 1973 the us economy went through five

Question: From 1947 to 1973, the US economy went through five recessions, while Europe and Japan did not have any. Since 1982, however, cyclical downturns in Europe and Japan have been at least as frequent as in the US. ...

Question draw two graphs one with the lras curve and the

Question: Draw two graphs, one with the LRAS curve and the other with the SRAS curve. Describe the impact an increase in aggregate demand will have in each situation, and show it graphically. The response must be typed, ...

Question how can effective communication with people who

Question: How can effective communication with people who are different from us positively impact our personal identity? In what way does this affect our ability to understand other people's communication? Provide concre ...

Question using exercise sketch the effects in parts a and b

Question: Using Exercise, sketch the effects in parts (a) and (b) on a single supply and demand diagram. What prediction would you make about how the improved information alters the equilibrium quantity and price? Exerci ...

Question suppose that large oil reserves are discovered off

Question: Suppose that large oil reserves are discovered off the coast of Cuba, and these reserves will increase the world's supply of oil by 2 percent. If the elasticity of demand and supply of oil are -0.20 and 0.40, r ...

Question joe is graduating from college and is currently

Question: Joe is graduating from college and is currently faced with a decision of choosing between two competing job offers for the same position from equally reputable companies. The jobs are in two different cities A ...

Question in the corporate world the shareholders are the

Question: In the corporate world, the shareholders are the owners and they hire managers to run the firm. How does the fact that while the military is much more hierarchical than the corporate world, the people making th ...

Question 1 suppose the velocity of money is constant and

Question: 1. Suppose the velocity of money is constant and potential output grows by 3% per year. By what percentage should the money supply grow in order to achieve the following inflation rate targets? 2. Suppose the v ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As