Union membership as a share of the work force is ____ in states with right-to-work laws. (Fill in the blank.)
a. above the national average.
b. below the national average.
c. greater than 50 percent.
d. close to 100 percent.
B
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If the market price is $50 for a unit of a good produced in a perfectly competitive market and the firm's minimum average variable cost is $52, then to maximize its profit (or minimize its loss) the firm should
A) definitely produce the unit. B) shut down. C) not produce the unit but remain open. D) not produce the unit. Whether the firm should shut down or remain open cannot be determined without more information. E) produce the unit only if the price exceeds the average fixed cost.
TANF provides benefits that raise recipients to the poverty line
Indicate whether the statement is true or false
The International Water Management Institute estimates that clean water could be provided to everyone on earth for an outlay of $______ a year beyond current spending on water projects.
Fill in the blank(s) with the appropriate word(s).
If foreigners become unwilling to hold U.S. assets, the U.S. trade balance will:
A. go further into surplus. B. go further into deficit. C. experience smaller surpluses. D. experience smaller deficits.