All of the following can raise wages of union members EXCEPT
A) increasing the demand for non-union made goods.
B) increasing the demand for union-made goods.
C) limiting union membership over time.
D) increasing the productivity of union workers.
A
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Under Purchasing Power Parity
A) E$/E = PUS/PE. B) E$/E = PE/PES. C) E$/E = PUS + PE. D) E$/E = PUS - PE. E) E$/P = PUS/PE.
Suppose that over the past year, the real interest rate was 5 percent and the inflation rate was 3 percent. It follows that
a. the dollar value of savings increased at 5 percent, and the purchasing power of savings increased at 2 percent. b. the dollar value of savings increased at 5 percent, and the purchasing power of savings increased at 8 percent. c. the dollar value of savings increased at 8 percent, and the purchasing power of savings increased at 2 percent. d. the dollar value of savings increased at 8 percent, and the purchasing power of savings increased at 5 percent.
If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expenditures to feed their addiction will tend to:
A. Increase because their demand is price-elastic B. Decrease because their demand is price-Inelastic C. Decrease because their demand is price-elastic D. Increase because their demand is price-Inelastic