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Homework answers / question archive / One of the reason that the rate of job findings is less than one (f<1) is: A) job search time B) people are lazy C) labor unions D) minimum wage laws 86
One of the reason that the rate of job findings is less than one (f<1) is: A) job search time B) people are lazy C) labor unions D) minimum wage laws 86. The efficiency of labor is a term that does not reflect the: A) education of the labor force. B) skills of the labor force acquired through on-the-job training, C) health of the labor force. D) high output that comes from labor knowing how to use and cooperating with a large amount of capital. by 87. Tax cuts stimulate by improving workers' incentive and expand raising households' disposable income. A) demand for loanable funds; velocity B) velocity: demand for loanable funds C) aggregate demand; aggregate supply D) aggregate supply; aggregate demand 88. Most economists believe that prices are: A) flexible in the long run but many are sticky in the short run. B) flexible in both the short and long runs. C) flexible in the short run but many are sticky in the long run. D) sticky in both the short and long runs. 89. The long-run aggregate supply curve is vertical at the level of output: A) determined by aggregate demand. B) at a predetermined price level. C) at which the inflation rate is zero. D) at which unemployment is at its natural rate.