Which of the following is one of the reasons for declining union membership in the United States?
A) Much of the unskilled, nonunionized work in the United States is done by immigrant workers who are undocumented.
B) The AFL-CIO merger and creation of the Change to Win Federation reduced competition among unions.
C) the repeal of the Taft-Hartley Act
D) Labor force participation by women has decreased.
Answer: A
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The monetary stimulus post-September 11, 2001, achieved some desired effects within the year.
Answer the following statement true (T) or false (F)
Refer to Figure 15-7. Suppose the Fed sells Treasury Bills in pursuit of contractionary monetary policy. Using the static AD-AS model in the figure above, this situation would be depicted as a movement from
A) B to C. B) B to D. C) C to B. D) C to D. E) A to B.
If the cross-price elasticity between goods A and B is negative, we know the goods are:
A. inferior goods. B. substitutes. C. inelastic. D. complements.
The per capita real Gross Domestic Product (GDP) is the
A. real GDP divided by the population. B. rate of growth in real GDP times the population growth rate. C. rate of growth in real GDP plus the population growth rate. D. rate of growth in real GDP minus the population growth rate.