Labor unions create barriers to entry in certain work settings
a. True
b. False
Indicate whether the statement is true or false
True
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The largest part of what the United States produces today is ________ such as ________
A) goods; food and electronic equipment B) goods; education and entertainment C) services; trade and health care D) services; textbooks and computers
In the Keynesian model with a fixed price level and a fixed money wage, an increase in the money supply will cause
a. output to fall and interest rates to fall. b. output to remain unchanged. c. output to rise and the price level to fall. d. output to rise and interest rates to fall.
Which of the following is most likely to be a fixed resource for Paul's Country Fresh Pies, Inc?
a. berries b. flour c. bakers d. eggs e. ovens
Which of the following could cause the supply curve of loanable funds to shift to the left?
a. decrease in productivity b. increase in the rate of interest c. decrease in the rate of interest d. increase in productivity e. expectation that future prices will increase