Which of the following is an example of protections granted to workers during the 1930s?

a. Carlos was part of an employee group that negotiated salaries with the owner.
b. Amelia took 12 weeks of parental leave following the birth of her daughter.
c. Jody had the right to remain silent during her interrogation by police.
d. Giba used a wheelchair, so her employer provided an adjustable-height desk.


a. Carlos was part of an employee group that negotiated salaries with the owner.

Economics

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If a public service commission requires a natural monopoly to set its price equal to the long-run marginal cost, this will result in

A) excessive economic profits to the monopoly. B) normal economic profits to the monopoly. C) losses to the monopoly. D) either economic profits or losses, depending on the efficiency of the monopoly.

Economics

An increase in the money supply will cause which of the following to occur?

A) a rightward shift of the aggregate supply curve B) a leftward shift of the aggregate demand curve C) a leftward shift of the aggregate supply curve D) a rightward shift of the aggregate demand curve

Economics

Suppose Firm A and Firm B are considering whether to invest in a new production technology. For each firm, the payoff to investing (given in thousands of dollars per day) depends upon whether the other firm invests, as shown in the payoff matrix below. Which of the following statements is correct?

A. It cannot be determined whether Firm A has a dominated strategy. B. Firm A does not have a dominated strategy. C. "Don't invest" is a dominated strategy for Firm A. D. "Invest" is a dominated strategy for Firm A.

Economics

In 1992, the base year, you were earning $500/week. Your wages rose to $900 in 2001, the current year, when the Consumer Price Index stood at 150. What statement can you make about what happened to your real wages over this period?

A. They rose. B. They fell. C. They remained the same. D. There is not enough information to determine whether they rose, fell, or remained the same.

Economics