Based on the table above, the CPI for 2014 is
A) 105.1. B) 98.5. C) 5.0 percent. D) 100. E) 102.5.
B
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Refer to the table above. The government sector balance is a
A) $900 billion surplus. B) $500 billion deficit. C) $2,900 billion trade deficit. D) $2,900 billion balanced budget. E) $900 billion deficit.
A noncooperative equilibrium is one in which:
A. the participants act independently, pursuing only their individual interests. B. always results in a negative-negative outcome. C. a dominant strategy exists for both players. D. each player ignores the actions of the other players.
If demand is elastic, a rise in price will decrease total expenditure
a. True b. False Indicate whether the statement is true or false
A union shop is an employment setting in which workers
A. Must join the union within 30 days after being hired. B. May choose whether or not to join the union after they are hired. C. Must belong to a specific union in order to be hired. D. Must belong to a union in order to be hired although it doesn't matter which union they belong to.