After Norway unilaterally pegs the krone to the euro, domestic money market disturbances will
A) no longer affect domestic output despite the continuation of float-rate regime against non-euro currencies.
B) now have major effect on domestic output despite the continuation of float-rate regime against non-euro currencies.
C) have some effect on domestic output despite the continuation of float-rate regime against non-euro currencies.
D) have major effect on domestic employment despite the continuation of float-rate regime against non-euro currencies.
E) no longer affect foreign imports despite the continuation of float-rate regime against non-euro currencies.
A
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A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; not affect
Which of the following statements is NOT true during the colonial years, according to Hughes and Cain (2011)?
(a) Labor organizations were considered, by law, criminal conspiracies against society. (b) Colonial society provided for its aged and sick poor; others had to work. (c) Efforts to control wages and prices by governmental authority were present. (d) Compulsory labor applied only to slaves and indentured servants. (e) Idle persons were frequently jailed for the crime of having no visible means of support.
The AFL-CIO merger in 1955 revolutionized union practices
Indicate whether the statement is true or false
If the underground economy is sizable, then GDP will:
a. understate the economy's performance. b. overstate the economy's performance. c. fluctuate unpredictably. d. accurately reflect this subterranean activity.