Sec 19.1 MC Some Determinants of Equilibrium Wages

《Sec 19.1 MC Some Determinants of Equilibrium Wages》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、1. Whenthesupplyofworkersisplentiful,onewouldpredictthatmarketwageswouldbe a. determinedoutsidethedomainofeconomictheory. b. determinedsolelybyfactorsthataffectdemand. c. low,otherthingsequal. d. high,otherthingsequal.ANSWER:  cDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.196-Givenasce

2、nariodescribingworkers'wages,identifytheeconomicjustificationforthisdifferential.TOPICS:  LaboreconomicsLaborsupplyKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  001.19.1-MC-MANK082. Otherthingsequal,whenthesupplyofworkersislow,onewouldpredictthatmarketwageswouldbe a. relativelyhigh. b. relat

3、ivelylow. c. determinedsolelybyfactorsthataffectdemand. d. determinedoutsidethedomainofeconomictheory.ANSWER:  aDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.196-Givenascenariodescribingworkers'wages,identifytheeconomicjustificationforthisdifferential.TOPICS:  LaboreconomicsLaborsupplyK

4、EYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  002.19.1-MC-MANK083. Otherthingsequal,onewouldpredictthatmarketwageswouldberelativelyhighwhen a. thesupplyoflaborishigh. b. thedemandforlaborislow. c. thesupplyoflaborislow. d. Both(a.)and(b.)arecorrectANSWER:  cDIFFICULTY:  EasyLEARNING OBJECTIVE

5、S:  ECON.MANK.196-Givenascenariodescribingworkers'wages,identifytheeconomicjustificationforthisdifferential.TOPICS:  LaboreconomicsLaborsupplyKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  003.19.1-MC-MANK084. WestlandandOceaniahavejuststartedtotradewitheachother.Westlandexportsgoodsproducedw

6、ithskilledlaborandimportsgoodsmadewithunskilledlaborfromOceania.Overtime,wewouldexpectthatinOceaniathewagesofunskilledworkerswill a. rise,andthewagesofskilledlaborwillfall. b. fall,andthewagesofskilledlaborwillrise.CopyrightCengageLearning.PoweredbyCognero.Page 81 c. rise,andthewagesofskil

7、ledlaborwillrise. d. fall,andthewagesofskilledlaborwillfall.ANSWER:  aDIFFICULTY:  ChallengingLEARNING OBJECTIVES:  ECON.MANK.196-Givenascenariodescribingworkers'wages,identifytheeconomicjustificationforthisdifferential.TOPICS:  LaboreconomicsLaborsupplyKEYWOR