Inclusive union strategy involves
A. increasing the demand for the final product, thereby increasing the demand for labor.
B. restricting the supply of union labor.
C. setting job standards and entry qualifications for members.
D. organizing all workers in a particular craft or industry and bargaining for a wage.
D. organizing all workers in a particular craft or industry and bargaining for a wage.
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"Income elasticity of demand is always positive." Do you agree or disagree? Explain
What will be an ideal response?
A form of currency control that often applies to tourism because it limits the amount of currency that someone can get from the bank for foreign travel is known as ________.
A) multiple exchange rates B) confidence C) quantity controls D) hard currency
A large increase in the supply of HD-TV sets occurs simultaneously with a smaller decrease in its demand. As a result the equilibrium price will:
A. Increase and the equilibrium quantity will decrease B. Increase and the equilibrium quantity will increase C. Decrease and the equilibrium quantity will decrease D. Decrease and the equilibrium quantity will increase
Traveler's checks are
A. included in M1 and M2. B. not included in M1. C. not money. D. not included in M2.