The black death: in the middle of the fourteenth century, an epidemic known as the black death killed about a third of europe’s population, about 34 million people. while this was an enormous tragedy, the macroeconomic consequences might surprise you: over the next century, wages are estimated to have been higher than before the black death. a. use the simple cobb-douglas production function to explain why wages might have been higher. b can you attach a number to your explanation? in the model, by how much would wages rise if athird of the population died from the disease. the capital stock remained unchanged (hint: referto the profit maximizing labor condition)

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent