Which of the following would both make a worker's wage higher than otherwise?
a. the work is safe, the employer pays an efficiency wage
b. the work is safe, the employer does not pay an efficiency wage
c. the work is dangerous, the employer pays an efficiency wage
d. the work is dangerous, the employer does not pay and efficiency wage
c
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Explain and show graphically how government deficits can "crowd out" private investment
What will be an ideal response?
Which is not a reason the demand curve for loanable funds slopes down?
A. The value of the MRP in terms of today’s money shrinks as the interest rate rises. B. Future returns must be discounted more when the interest rate rises. C. As the interest rate rises, more and more investments become unprofitable. D. Production becomes more profitable in the future, reducing required inputs today.