Which of the following is an example of a cartel?
a. AFL-CIO
b. OPEC
c. United Auto Workers Union
d. NATO
e. Organization of American States
B
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In a country with 200 million people aged 16 years and older, 120 million are in the labor force, and 114 million are employed, what is the participation rate?
A. 57 percent B. 40 percent C. 95 percent D. 60 percent
In the diagram above, which figure(s) show(s) a direct relationship between the variables?
A) both A and C B) only D C) only A D) both B and C E) only B
A change in which of the following changes the supply of dollars and shifts the supply curve of dollars?
I. an increase in the exchange rate II. a change in interest rates III. a decrease in the expected future exchange rate A) I B) I and II C) II and III D) I, II, and III
________ real GDP increases the demand for money and ________ the nominal interest rate decreases the quantity of money demanded
A) Increasing; increasing B) Increasing; decreasing C) Decreasing; increasing D) Decreasing; decreasing