The AFL was formed to promote

a. social equality
b. business profits
c. environmental causes
d. strictly economic goals
e. political changes


D

Economics

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A period of economic expansion ends with a business cycle trough

Indicate whether the statement is true or false

Economics

_____ has the primary responsibility for developing the early stages of the government's budget

a. The executive branch b. The Treasury Department c. The House of Representatives d. The Senate

Economics

The high pay of professional basketball players

a. is earned despite the recent drop-off in popularity of pro basketball b. reflects the increased supply of skilled basketball players c. is not justified by the quantity of their play d. is due to the decline in quality of college basketball players e. reflects the limited supply of basketball talent and the growing demand for that talent

Economics

Select the graph below that best shows the change in the market specified in the following situation: In the market for chicken, when the price of a substitute, such as beef, decreases

Assume that the graphs show a competitive market for the product stated in the question.



A. Graph A
B. Graph B
C. Graph C
D. Graph D

Economics