The majority of union members in the United States belong to unions that are:
A. affiliated with the United Workers of America (UWA).
B. affiliated with the AFL-CIO.
C. independent unions that are not affiliated with the AFL-CIO.
D. growing rapidly in membership.
Answer: B
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The CPI in 1990 was 131, and the CPI in 2010 was 218. If you earned a salary of $40,000 in 1990, what would be a salary with equivalent purchasing power in 2010?
A) $45,977 B) $66,565 C) $87,200 D) $143,486
In general, the price elasticity of demand for milk will be less than that for Apple's iPod
Indicate whether the statement is true or false
Luke purchases a $50,000 face value one-year Treasury bill for $46,296.30, and the next day investors decide they will only buy one-year Treasury bills if they receive an interest rate of 4%
If Luke decides to sell his Treasury bill to another investor the day after he purchased it, he will A) receive a capital gain of $1,780.62. B) receive a capital gain of $2,000.00. C) suffer a capital loss of $1,923.08. D) suffer a capital loss of $1,851.85.
If you believe that all workers should be paid the same, you believe in the
A) egalitarian principle. B) productivity standard. C) benefits standard. D) comparative worth principle.