From 11:00PM PDT on Friday, July 1 until 5:00AM PDT on Saturday, July 2, the Shmoop engineering elves will be making tweaks and improvements to the site. That means Shmoop will be unavailable for use during that time. Thanks for your patience!
Questions1. True or False: The statistical categories used to study labor have always been the same. 2. True or False: Most economists now prefer occupational categories based on education and skill. 3. True or False: In America, the free markets alone determine wage rates. 4. The price of your labor is called your ____ 5. Determining wages through the laws of supply and demand is known as the ___
1. False 2. True 3. False 4. wage rate. 5. market theory of wage determination.