A situation in which a worker can be hired without being in a union but has to join a union after a specified period of time is a
A) closed shop.
B) union shop.
C) open shop.
D) restricted shop.
B
Economics
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How does a firm measure its profit?
What will be an ideal response?
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States in the international arena have the right to cite international law and then take justice into their own hands. This is called
a. blended enforcement. b. self-enforcement. c. diplomatic pressure. d. economic sanction.
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When choosing among products, consumers look at
A. The marginal utility per dollar and their budget constraint. B. Only their budget. C. The marginal utility of the good. D. The total utility that will be gained at the end of all consumption.
Economics
What causes demand-side inflation? What causes supply-side inflation?
What will be an ideal response?
Economics