Minimum-wage laws are an example of:

A. collective bargaining.
B. wage rigidity.
C. the discouraged-worker effect.
D. insiders versus outsiders.


Ans: B. wage rigidity.

Economics

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There are very few, if any, farms within the city limits of Chicago because

A) zoning laws have always prohibited them. B) the land under the city of Chicago is unfertile. C) Chicago is known for its butchers and freighters, not its farmers. D) the land is in extremely great demand for non-agricultural purposes.

Economics

The two kinds of banks are ________ banks and ____________ banks.

A. commercial; investment B. brokerage; investment C. private; commercial D. federal reserve; private

Economics

Discuss the factors behind the recent decline in labor union membership

Economics