In an open shop no one is forced to ___________.
Fill in the blank(s) with the appropriate word(s).
join a union
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Explain what is meant by excess demand or s shortage
What will be an ideal response?
I purchase a 10 percent coupon bond. Based on my purchase price, I calculate a yield to maturity of 8 percent. If I hold this bond to maturity, then my return on this asset is
A) 10 percent. B) 8 percent. C) 12 percent. D) there is not enough information to determine the return.
A perfectly competitive firm's short-run supply curve is its marginal cost curve below its average variable cost curve
a. True b. False Indicate whether the statement is true or false
An economic model is
a. a plastic scaled version of the economy b. a complete depiction of reality c. an abstraction of reality d. applicable to consumer behavior but not to producer behavior e. not an accepted tool of the economics profession