Which of the following types of unions did the CIO promote?
A) craft unions
B) public sector unions
C) industrial unions
D) military unions
C
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To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:
A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.
What is cyclical unemployment?
What will be an ideal response?
Which of the following is TRUE about a college education as a signaling device?
A) It is a useful signal only if individuals choose majors related to their ultimate field of employment. B) It is a useful signal only if a college education is open to all individuals, no matter what their previous level of educational accomplishment was. C) It is a useful signal whether or not people actually learn anything in college. D) It is a useful signal only if the job in question cannot be done without the preparatory coursework the college degree required. E) It is less and less a useful signal in the post-industrial economy, where the skill sets employers need change so rapidly.
In the long run, all costs are ______________.
A. fixed B. variable C. equal to zero D. None of the choices are correct.