When it comes to productivity, some economists argue that
A) unions have caused a decrease in productivity by excessive staffing and makework requirements.
B) through the use of featherbedding unions have been responsible for productivity increases.
C) the passage of the Taft-Hartley Act has led to a significant decrease in productivity.
D) the union's insistence on profitability laborsaving devices has led to an increase in productivity.
Answer: A
You might also like to view...
A U.S. import tariff imposed on steel is likely to: a. increase employment in the U.S. steel industry
b. increase the real incomes of steel users. c. raise the total quantity of foreign and domestic steel sold in the United States. d. increase employment in the economy as a whole.
The 2012 box office receipts for the movie The Avengers were $1,515.8 million. By way of comparison, the 1977 receipts for Star Wars were $798.0 million. If the Consumer Price Index was 60.6 in 1977 and 229.6 in 2012, which of the following is true?
a. The real receipts of The Avengers were almost four times greater than those for Star Wars. b. The real receipts of Star Wars were nearly two times greater than those for The Avengers. c. The real receipts of The Avengers were one-third of those for Star Wars. d. The real receipts of Star Wars were about 33 percent greater than those for The Avengers.
As a unit of accounting, money is used
A. to pay off future debts. B. to define prices of all other goods. C. to hold purchasing power over time. D. to exchange for goods and services.
Graph If this is a trading (open) economy, quantity supplied of cars (in thousands) by the domestic producers will be:
a. 20 b. 40 c. 60 d. 80