Union shops are subject to potential competition
A. Since striking union members may be ordered back to work by the president.
B. From replacement or substitute workers.
C. Since most union members do not take strikes seriously.
D. Because some union shop workers refuse to join the union.
Answer: B
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Explain the complete formula for the M1 money supply, and explain how changes in required reserves, excess reserves, the currency ratio, the nonborrowed base, and borrowed reserves affect the money supply
What will be an ideal response?
Simon is given a free ticket to see Coldplay Saturday night. He already has a ticket to see Sting in concert that night. The Sting ticket cost Simon $50 though he would have paid as much as $80 to go to the show
Simon knows that he can easily sell the Sting ticket on Craigslist for $60. What is his opportunity cost of seeing Coldplay?
How can the government cut the cost of negotiation among car owners regarding LoJack installation?
a. The government can impose a quota on the import of LoJacks. b. The government can invite public opinion on LoJacks. c. The government can limit the number of companies producing LoJacks. d. The government can randomly select cars to install LoJacks.
Exhibit 3-8 Demand and Supply Data for Video Games ? Price Quantity Demanded of Video Games Quantity Supplied of Video Games $75 400 900 70 450 850 65 500 800 60 550 750 55 600 700 50 650 650 45 700 600 40 750 550 ? In Exhibit 3-8, at any market price of video games above $50, a(n) ______________ would result, causing price to __________.
A. excess demand; rise B. excess supply; rise C. excess demand; fall D. excess supply; fall