Which of the following is a possible benefit of labor unions?
A. They may help firms to retain a more experienced workforce.
B. They may help firms reduce training costs of new employees.
C. They may facilitate communications between workers and managers.
D. All of these
Answer: D
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Refer to Table 10-1. If Keegan can drink all the bubble tea he wants for free, how many glasses will he consume?
A) 4 glasses B) 5 glasses C) 6 glasses D) 7 glasses
An intertemporal budget constraint
A. requires an endowment point. B. requires time to remain constant. C. has no endowment point. D. requires time to move in a loop.
When two countries choose to use a new currency, they are
A) participating in a monetary union. B) dollarizing. C) forming an optimal currency area. D) increasing their monetary autonomy.
Unbalanced oligopolies are not stable
Indicate whether the statement is true or false