If a union threatens to strike during a slow demand period, it is more likely to
a. Have its conditions accepted
b. Have its conditions rejected
c. Get laughed at
d. All of the above
b
You might also like to view...
Relative to the prices that would be observed in an uncontrolled market, prices charged in a black market are generally
A. lower, since sellers have trouble locating buyers. B. lower, since buyers have trouble locating sellers. C. higher, since black market sellers compensate for the risk of being caught. D. higher, since most buyers enjoy goods more if they are illegal.
Full-time homemakers and retirees are classified in the BLS data as
A. part of the labor force. B. not in the labor force. C. employed. D. unemployed.
If the price of pork chops falls from $8 to $6, and this leads to an increase in demand for apple sauce from 100 to 140 jars, what is the cross-price elasticity of apple sauce and pork chops at a pork chop price of $6?
A. -1.17 B. 2.71 C. 0.42 D. -0.86
If in the market for money the money supply exceeds the quantity of money households and businesses want to hold, we would expect the interest rate to:
What will be an ideal response?