Which of the following reflects the “iron law of wages”?

a)  Wages are dictated by supply and demand.
b)  Wages should be the same for men and women.
c)  The federal government should fix wages.
d)  Workers’ welfare should determine wages.


a)  Wages are dictated by supply and demand.

History

You might also like to view...

Many new technologies and most of Europe's trade with Asia in the late Middle Ages came to Europe through __________.

A. Italian trading cities such as Venice and Genoa B. long-distance sea voyages by English merchants C. African middlemen D. Chinese merchants sailing across the Indian Ocean

History

The democratic-republican party at the time of jefferson's election favored a limited central government and an agricultural economy.

a. true b. false

History

At first, Americans supported the French Revolution because, like James Madison, they thought it had grown out of the ________

Fill in the blank(s) with correct word

History

Which of the following was included in the civil service examinations?

a. Poetry writing b. General essays c. Political essays d. Mastery of classical Confucianism e. all of these choices.

History