World War II was the first event that provided the federal government with incentive to support labor unions and help them achieve some of their goals

Indicate whether the statement is true or false


False

Economics

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Which of the following statements is TRUE?

A) consumption - investment = disposable income B) consumption - saving = personal income C) consumption + saving = disposable income D) consumption + saving = personal income

Economics

A Big Mac costs $4.79 in the United States and 9.6 zlotys in Poland. If the exchange rate is 3 zlotys per dollar, what is the dollar cost of a Big Mac in Poland?

A) $1.60 B) $2.00 C) $3.20 D) $4.64

Economics

List the three major sources from which households derive their incomes

What will be an ideal response?

Economics

The figure below shows the demand for items from a warehouse club. All of the people who shop at the warehouse club have the same demand. If the managers set a single price, so that all customers pay the same price for every item they buy, the firm makes an economic profit of ________ and if the managers use two-part pricing, the firm makes an economic profit of ________.



A) $40 million; $80 million
B) $60 million; $80 million
C) $40 million; $60 million
D) $0; $80 million

Economics