In order to increase their power, unions have been merging across craft and industry lines.
Answer the following statement true (T) or false (F)
True
The labor union movement is fully aware of the forces that have decreased the unionization and is determined to resist them. To increase their power, unions are merging across craft and industry lines.
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Refer to Figure 5-1. At the efficient equilibrium,
A) economic surplus is minimized. B) economic surplus is maximized. C) economic surplus is zero. D) economic surplus is negative.
How has the severity and duration of business cycles changed over time in the United States?
What will be an ideal response?
Which of the following is the best example of a public good?
a. a national system of healthcare b. an amusement park c. city street lights d. telephone service
What is the largest category in federal government spending?
A. Social Security B. national defense C. income security D. health