Table 141 Incomes in Pololand -A Decrease in the Price of Capital Will Cause the l

question 9

Multiple Choice

Table 14.1 Incomes in Pololand
$$\begin{array} { l l l l l } & \text { Period 1 } & \text { Period 2 } & \text { Period 3 } & \text { Period 4 } \\\hline \text { Thomas } & \$ 50,000 & \$ 40,000 & \$ 60,000 & \$ 100,000 \\\text { Nina } & \$ 40,000 & \$ 40,000 & \$ 40,000 & \$ 80,000 \\\text { Becky } & \$ 30,000 & \$ 30,000 & \$ 30,000 & \$ 60,000 \\\text { Rose } & \$ 20,000 & \$ 20,000 & \$ 20,000 & \$ 40,000 \\\text { Charlie } & \$ 10,000 & \$ 20,000 & \$ 0 & \$ 20,000 \\\hline\end{array}$$
-A decrease in the price of capital will cause the demand for unskilled labor to shift to the left if capital and unskilled labor are

• A) gross complements.
• B) gross substitutes.
• C) gross complements or gross substitutes.
• D) complements in production.

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Definitions:

Reasonably Foreseeable

A legal standard used to determine if a person could predict or expect a certain outcome as a result of their actions.

Cybertorts

Intentional and typically harmful acts committed using a computer or the internet.

Physical Well-Being

The condition of an individual’s body, including health, fitness, and overall physical condition.

Defective Condition

A state or situation in which something is flawed or lacking in required standards, thus posing potential risk or harm.