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QUESTION1 The income of a typical worker in a country is mast closely linked to

ID: 1125209 • Letter: Q

Question

QUESTION1 The income of a typical worker in a country is mast closely linked to which of the follow ing Oa market power O° producivity Oo gvemmest policies Od popelation QUESTION 2 An example of an eulernalsty is the usipact of Oa bad weather on the income of farmers ncreases in health care costs oe the health of individuals in society O. the personal income tax on a person's ability to purchase goods and services. Od pollution from a factory os the health of people in the vicinity of the factory QUESTION 3 The tradeoff between indlation and unemployment Oa implies that policies desigmed to reduce unemployment also reduce inflation. Ob was eliminated by improved economic policies in the 1900s Oc is a long- run tradeoff, persisting for decades, acconding to most economists Od None of the above are conect QUESTION 4 The "invisible hand" works to promote general well-being in the econamy primarily through Chiek Save and Subwoit to suue and slwwst. Cick Save All Ansaers to save all onswers

Explanation / Answer

1) The answer is B -) Productivity.

The income of typical worker in a country is determined by its productivity because, if the productivity of the worker is higher, then the employer is willing to pay higher wages to that worker with comparison to the lower productivity labor. a higher productivity labor increase the product at an increasing rate for the industry and thus it wages are also high. so income of the typical worker is based on its productivity .

2) please uplaod it again. its agains chegg policy.

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