Labor unions, when successful, increase the total employment opportunities offered by a firm
a. True
b. False
Indicate whether the statement is true or false
False
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Suppose India and France have the same PPF, shown in the figure above. Based on their current production points, India's most likely future PPF is ________, and France's most likely future PPF is ________
A) PPF1; PPF2 B) PPF2; PPF2 C) PPF1; PPF1 D) PPF2; PPF1 E) PPF0; PPF0
Private property rights involve
A) exclusive rights to use, transfer, and exchange the property. B) exclusive rights to use property, but not to exchange the property. C) rights to enjoy the property in any way desired but not to transfer or exchange the property. D) rights granted by the government for renewable terms of 100 years or more.
The Federal Reserve Open Market Committee allows representatives of the President and Congress to sit on its meetings
a. True b. False
The government can increase aggregate demand to combat unemployment and decrease aggregate demand to combat inflation
Indicate whether the statement is true or false