Which statement is true?
A. A majority of union members in the United States are members of public employees unions.
B. A majority of workers in the United States are members of labor unions.
C. Labor union membership is especially high in most Southern states.
D. None of the statements are true.
D. None of the statements are true.
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If the population increases and input prices increase, the equilibrium price of a product will definitely increase
Indicate whether the statement is true or false
Last year due to the increased rainfall there was a plentiful supply of blueberries which caused their price to drop. Bakeries regularly produce and sell blueberry pie. Considering the market for blueberry pies, what factor of supply has been affected, and what was the overall effect on the supply?
A. The price of an input has been affected; supply will increase. B. The number of sellers has been affected; supply will increase. C. The new technology has been affected; supply will increase. D. The price of an input has been affected; supply will decrease.
Discuss the case for a "super-regulator" in the context of what you have learned about "regulatory competition."
What will be an ideal response?
In the circular flow diagram, ________ supply the factors of production, and ________ goods and services
A) firms; sell B) households; buy C) firms; buy D) households; sell