Right-to-work laws
A. help unions to organize.
B. make it harder for unions to organize.
C. have virtually no effect on union organizing.
B. make it harder for unions to organize.
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From 1980 to 1985 the dollar appreciated relative to the British pound. Holding everything else constant, one would expect that, when compared to 1980
A) fewer Britons traveled to the United States in 1985. B) Britons imported more wine from California in 1985. C) Americans exported more wheat to England in 1985. D) more Britons traveled to the United States in 1985.
An adverse supply shock, such as a reduced supply of raw materials, would
A) increase the marginal product of labor. B) decrease the marginal product of labor. C) decrease the marginal product of capital, but have no effect on the marginal product of labor. D) not affect the marginal product of labor.
What do most economists believe about international trade?
a. It benefits all participants with no one harmed in the country. b. It benefits only big corporation but harms everyone else in a country. c. It benefits the majority of people but some people are harmed. d. It benefits no one and harms many people in the economy.
(Advanced analysis) Indy has $2,000 invested in a financial asset earning an annually compounded interest rate of 6 percent. Approximately how many years will it take before Indy's investment is worth $5,000?
A. 25. B. 10.5. C. 12.8. D. 15.7.