The progressive reform that President Woodrow Wilson was unable to establish was reducing import tariffs.
<h3>What is a progressive reform?</h3>
These are the reforms that the federal government of a place would have to put in place so as to do away with certain practices that are seen to be unfair and unethical which may have negative impacts.
The issue of the import tariffs was not implemented by Wilson. Instead the president that was in charge of this reform was president Roosevelt which was signed in the year 1934 as the Reciprocal Trade Agreements Act.
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Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
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Answer:
Explanation:
easy: art, maths
difficult: writing essays, procrastination
A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined. 1. For any quantity, consumers now place a lower value on the good, and producers are willing to accept a lower price; therefore, price will fall.
Answer:
The answer is behaviourist.
Explanation:
The behaviourist aproach to psychology seeks to understand the motivation behind human and animal behaviour. The example describes that people will change their behaviour when there is an external motivation (probably a reward). This can be explained through an important branch of behaviourism called <u>operant conditioning</u><u>,</u> which states that individuals are more likely to repeat an action when it is reinforced, positively or negatively.
