Which of the following is an example of an industrial union?
A. The United Auto Workers.
B. The AFL-CIO.
C. The International Brotherhood of Electrical Workers.
D. The Carpenters Union.
Answer: A
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Yesterday, the dollar was trading in the foreign exchange market at 1.10 euros per dollar. Today, the dollar is trading at 1.05 euros per dollar. The dollar has ________ and a possible reason for the change is ________ in the U.S. interest rate
A) depreciated; a decrease B) appreciated; a decrease C) depreciated; because there has been no change D) appreciated; an increase E) depreciated; an increase
The iconic American drink-maker, Coca-Cola, announced plans in 2008 to buy the dominant Chinese fruit juice company for $2.5 billion. But China just rolled out a new law to guard against business monopolies
How would this rent-seeking behavior by Coca-Cola most likely affect efficiency in the drink market? A) Profit would increase. B) Producer surplus would increase. C) Consumer surplus would decrease. D) Deadweight loss would increase.
Although the Fed professed employment of ________ targeting during the 1970s, its behavior suggests that it emphasized ________ targeting
A) free-reserve; interest-rate B) interest-rate; monetary aggregate C) monetary aggregate; interest-rate D) free reserve; monetary aggregate
At one end of the competitive spectrum is cutthroat competition. At the other end is (the)
A. cartel. B. open collusion. C. covert collusion. D. price leadership.