The American Federation of State, County, Government and Municipal Employees is an example of a(n)
A) guild.
B) craft union.
C) industrial union.
D) public-sector union.
D
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What is a quota?
What will be an ideal response?
When the government makes a firm the exclusive legal provider of a good or service, it grants the firm
A) a network externality. B) a copyright. C) a quota. D) a public franchise.
Which of the following does not cause exchange rate fluctuations?
a. Changes in absolute international expectations but not relative international expectations. b. Central bank interventions in the foreign exchange market. c. Changes in relative international expectations. d. Relative international price levels. e. Changes in relative international incomes.
On the graph that depicts the theory of liquidity preference,
a. the demand-for-money curve is vertical. b. the supply-of-money curve is vertical. c. the interest rate is measured along the horizontal axis. d. the price level is measured along the vertical axis.