Unionization rates have
A. Fallen in both the private and public sectors.
B. Risen in the United States due to new favorable legislation.
C. Fallen in the private sector but risen in the public sector.
D. Risen in the private sector but fallen in the public sector.
Answer: C
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Which of the following is a general rule of business etiquette in the given city?
A) Beijing, China: If someone offers you his or her business car, accept it with both hands, read it immediately, and then present your business card to the person. B) Hong Kong, China: It is considered impolite to run out of business cards. C) Sydney, Australia: It is important to know about the latest sports matches. D) Berlin, Germany: When out with German business associates, try not to talk about sports. E) All of the above are examples of proper business etiquette around the world.
If the underground economy is sizable, then GDP will:
A. understate the economy's performance. B. overstate the economy's performance. C. fluctuate unpredictably. D. accurately reflect this subterranean activity.
In the economic way of thinking, the costs of a recession are predominantly
A) the costs of using money. B) the excessive costs of advertising in the face of persistent, falling demand. C) the costs of disappointed expectations and discoordination of plans. D) the costs associated with high nominal interest rates.
An indifference curve is a line that shows combinations of goods among which a consumer
A) needs equally. B) does not care which combination he or she receives. C) can afford. D) has readily available.