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【单选题】
Why does the man go to see his professor?A.
To take a makeup test for a class that he missed
B.
To explain why he has been absent from class
C.
To turn in an extra credit project to the professor
D.
To ask the professor how to bring up his grade
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【单选题】Suppose the marginal product of labor is
A.
N = 200 - 0.5N
B.
ere N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium real wage?
C.
5
D.
10
E.
15
F.
20
【单选题】Suppose that the money supply and labor productivity are constant. Then a rise in money wages would eventually lead to______.
A.
an increase in the rate of inflation because firms will pass on their increased costs to the consumer by marking up prices
B.
an increase in the rate of inflation because the wages received will increase aggregate demand
C.
an increase in the rate of unemployment
D.
all of the above
【单选题】Suppose the marginal product of labor is
A.
N = 200 - 0.5N
B.
ere N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium quantity of employment?
C.
12
D.
190
E.
380
F.
760
【单选题】Suppose a labor-abundant country, exporting a labor-intensive good, experiences a significant increase in its capital stock. This change in endowments can:
A.
lead to an immiserizing growth.
B.
lead to an increase in the export of labor-intensive goods by the country.
C.
lead to a reversal of the country’s trade pattern.
D.
lead to reduced growth rates.
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