The split between the AFL and the CIO in 1935 had to do with
A. whether unions were to be organized along craft lines or industry lines.
B. whether the unions were to pursue political goals or economic goals.
C. communist influence in the American labor movement.
D. corruption in the American labor movement.
A. whether unions were to be organized along craft lines or industry lines.
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The payment for current rather than future command over resources is
A) an implicit cost. B) an implicit benefit. C) interest. D) opportunity cost.
If you buy something with a gift card that you would never buy with your own money, you are exhibiting ______ behavior.
a. anchoring b. compartmentalizing c. framing d. gambling
The slopes of demand curves can be used to estimate their ______ elasticities of demand.
a. fixed b. varying c. absolute d. relative
The short-run aggregate supply curve shows that a change in inflation will cause (a) change(s) in ________
A) output B) potential output C) expected inflation D) price shocks E) all of the above