A graph shows the wages of factory workers. The slope of the line is positive for periods when the wage rate is

A) falling.
B) rising.
C) high but not rising any higher.
D) low.


B

Economics

You might also like to view...

Use the general relationship between marginal and average values to explain why a marginal cost curve must intersect an average total cost curve and an average variable cost curve at their minimum points

What will be an ideal response?

Economics

Under the Soviet system of communism

A) managerial pay was determined by the extent to which managers could lower the per-unit costs of production. B) the per-worker production function in the Soviet Union shifted up more rapidly than production functions in other countries. C) competitive pressures in the Soviet Union allowed the country's technological progress to keep pace with the rest of the world. D) technological progress was slow because managers had little incentive to develop new technologies.

Economics

During his tenure at the helm of the Federal Reserve System, Paul Volcker reestablished ________

A) a system of fixed exchange rates B) the role of open market operations in the monetary policy actions of the Fed C) the credibility of the Federal Reserve as an inflation fighting institution D) the targeting of monetary aggregates, like the fed funds rate

Economics

Social Security is an earmarked tax

a. True b. False

Economics