A yellow dog contract is a(n)
a. signed contract by a worker that he/she will not join a union if hired
b. signed contract by a worker that he/she will join a union if hired
c. prolabor provision in a contract that only union members will be employed
d. agreement by a union member that he/she will not join any other union
e. agreement by a worker that he/she will not go on strike
A
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The Congressional Budget Office estimates that ________ of the increase in federal spending on Medicare and Medicaid over the next 75 years will be due to increases in the cost of providing health care
A) most B) very little C) all D) less than half
The ________ book provides information of current economic conditions and is used by the Federal Reserve in formulating monetary policy
A) Red B) Blue C) Beige D) Green
At the equilibrium level of real GDP, total production equals total:
a. saving. b. investment. c. net exports. d. spending.
If the supply curve remains constant, an outward shift in the demand curve for a commodity causes the price of factors used in its production to decline
a. True b. False Indicate whether the statement is true or false