A labor union composed of workers in the same industry is called

A) a craft union.
B) an industrial union.
C) a company shop.
D) a guild.


Answer: B

Economics

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The global financial crisis of 2007-2008 resulted in a(n) ________ of the Swiss franc. In 2011, the Swiss central bank intervened in order to cause a(n) ________ of the franc

A) appreciation; appreciation B) depreciation; depreciation C) appreciation; revaluation D) depreciation; appreciation E) appreciation; depreciation

Economics

The Sherman Act and the Clayton Act were passed into law more than 100 years ago. What characteristic of each of these laws enables them to remain applicable in today's modern economy?

What will be an ideal response?

Economics

Reasons regulators chose to follow regulatory forbearance rather than to close the insolvent S&Ls include all of the following EXCEPT

A) they had insufficient funds to close all of the insolvent S&Ls. B) they were friends with the S&L owners. C) they hoped the problem would go away. D) they did not have the authority to close the insolvent S&Ls.

Economics

The long-run aggregate supply curve is: a. upward sloping

b. downward sloping. c. vertical at full-employment real GDP. d. horizontal at full-employment real GDP.

Economics