Cost of living adjustments in labor contracts offer no protection to workers from unexpected inflation.
Answer the following statement true (T) or false (F)
False
You might also like to view...
An example of income that is received but not earned is
a. net income payments b. unemployment compensation c. Social Security contributions d. corporate retained earnings e. personal income taxes
When the cost curves have the usual shapes, at the point where marginal cost equals average total cost,
a. average total cost is at its maximum b. marginal cost is falling c. average total cost is at its minimum d. average variable cost is falling e. the fixed cost has been fully depreciated
Which of the following would most likely occur if the federal government increased its spending and enlarged the size of the budget deficit during a period of full employment?
A. The rate of inflation would decline. B. The rate of inflation would rise. C. A recession would develop. D. Interest rates would fall.
The Celler-Kefauver Act ________ the government's authority to ________ vertical and conglomerate mergers.
A. extended; ban B. limited; allow C. limited; ban D. extended; allow