The ultimate bargaining tool for unions is

A) the strike.
B) "labor's Magna Carta."
C) the Taft-Hartley Act.
D) the sympathy strike.


Answer: A

Economics

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a. True b. False Indicate whether the statement is true or false

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If the federal budget is initially balanced and government expenditures remain constant, then an increase in GDP will _________ tax revenues and create a budget _________.

A) increase tax revenues and create a budget surplus. B) increase tax revenues and create a budget deficit. C) decrease tax revenues and create a budget surplus. D) decrease tax revenues and create a budget deficit.

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Refer to Table 12-2. How many pounds of apples should Margie sell to maximize her profit?

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If the government imposes a price floor above the equilibrium price,

a. producers will eventually go out of business b. market equilibrium will result c. there will be an excess demand d. consumers will benefit e. producers will benefit

Economics