A strikebreaker is

A) a temporary worker hired by a company to replace a union member who is striking.
B) when the President imposes a cooling-off period.
C) someone who engages in featherbedding.
D) a secondary boycott.


Answer: A

Economics

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An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.

A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease

Economics

As China switches from catch-up growth to discovery-based growth, the pace of worldwide discoveries will increase and this will raise living standards

a. in the countries that China trades with. b. in China and its neighboring countries. c. in the United States d. in China e. in all countries

Economics

The existence of a negative externality will result in:

A. a less than optimal level of production. B. elimination of deadweight loss. C. a greater than optimal level of production. D. prices that are artificially high.

Economics

Most economists believe that:

A. all spillover costs should be eliminated. B. spillover costs should be considered in determining optimal output. C. the control of spillovers is costless. D. spillover costs do not cause a misallocation of resources.

Economics