The average quality of labor has increased

Assignment Help Business Economics

Reference no: EM13982135

The average quality of labor has increased, partly because the demand for education and health care are:

a. income elastic—rising national income generates more than proportional increases in spending on these items

b. income elastic—falling national income generates more than proportional increases in spending on these items

c. income inelastic—rising national income generates more than proportional increases in spending on these items

d. income inelastic—rising national income generates less than proportional increases in spending on these items

Reference no: EM13982135

Questions Cloud

Estimate speed of electron when it escape from atmosphere : Earth can produce the downward electric field of 150 N/C around its surface. Assume this electric field is uniform through the atmosphere. Estimate the speed of the electron when it escape from the atmosphere.

What are the differences between ospf and is is : For this Discussion Board, you need to really understand what a link-state protocol is. In a previous assignment, you were asked to describe them. In your own words, answer the following questions:

Economics is the study of how society manages its : Economics is the study of how society manages its

Would the two disagree about the price to be charged : Consider the preferred prices of the author and the publisher of an electronic book, whose marginal cost of production is close to zero. Would the two disagree about the price to be charged for the book?

The average quality of labor has increased : The average quality of labor has increased, partly because the demand for education and health care are:

Find the force on one such cosmic ray : Find the force on one such cosmic ray? a proton that is instantaneously moving vertically downward at 5.27 X 107 m/s at a point outside the atmosphere over New York.

Create a convergence between the interests of stockholders : Suggest the substantive manner in which a low-calorie, frozen microwaveable food company could create a convergence between the interests of stockholders and managers. Indicate the most likely impact to profitability of such a convergence.

Law forcing individuals to purchase auto liability insurance : Suppose that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000. Suppose there are two types of individuals: those with $60,000 in the bank and those with $5,000 in the ban..

Which domain local groups might you create : Please give management instructions on how to create OUs and delegate control of OUs. What are some general guidelines for using OUs?

User Account

All Pages