Real Wage 20 30 10 50 60 70 80 90 100 110 120 130 Labor ( Millions ! Question 15 The graph above shows the labor market in a country . The horizontal…

Please list the equations that you used. Explain in details.

Real Wage20 30 10 50 60 70 80 90 100 110 120 130Labor ( Millions !Question 15The graph above shows the labor market in a country . The horizontal axis measures the numberof workers . Wages and prices are fully flexible . “We know that currently the nominal wage rateequals W = $4,000 and the price level equals F = 100 . If the price level increases by 20%/} , theequilibrium nominal wage will equal :”Equilibrium Nominal Wage = $4, 400VB .Equilibrium Nominal Wage = $4. 500[ .Equilibrium Nominal Wage = $4. 8:00D .Equilibrium Nominal Wage = $5, 000E .None of the above .Question 16The graph above show’s the labor market in a country . The horizontal axis measures the numberof workers . Wages and prices are fully flexible .”We know that currently the nominal wage rate*equals W = $4, 000 and the price level equals P = 100 . Over time , demand for labor increases by40 million workers and supply of labor by 20 million workers . As a result , the equilibrium real wagechanges to`Equilibrium Real Wage = $DVB .Equilibrium Real Wage = TO[ .Equilibrium Real Wage = EDD .Equilibrium Real Wage = 50E .None of the above .

Show more







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10