Union membership has continued to grow faster than the labor force in the United States since World War II
a. True
b. False
B
You might also like to view...
The demand for nominal money
A) increases as the price level increases. B) decreases as the price level increases. C) depends on the quantity of money. D) is the same as the demand for real money.
If the money rate of interest is 12 percent and the real rate of interest 7 percent, the inflationary premium is
a. 5 percent. b. 7 percent. c. 12 percent. d. 19 percent.
Utilitarianism is
a. a liberal religion that focuses on individual rights. b. a political philosophy that believes the government should choose policies deemed to be just by an impartial observer. c. a political philosophy that believes the government should not redistribute income. d. a political philosophy that believes the government should choose policies to maximize the total utility of society.
A competitive economy assumes each industry consists of a:
A. large number of small firms facing a large number of small buyers. B. large number of small firms facing a few large buyers. C. few small firms facing a few small buyers. D. few large firms facing a large number of small buyers.