Which of the following is NOT a union wage and employment strategy?
A. ensuring employment for all members of a union
B. maximizing aggregate income of workers
C. minimizing the adjusted gross income of non-members
D. maximizing wage rates for some workers
Answer: C
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Mr. Shades Sunglasses promotes its 'buy one, get one half price' offer in which customers who purchase one pair of sunglasses can purchase a second pair at half price. This is an example of ________ and is ________.
A) price discrimination; always illegal per se B) conditional sales; always illegal per se C) price discrimination; only illegal if the practice substantially lessens competition or tends to create a monopoly D) conditional sales; only illegal if the practice substantially lessens competition or tends to create a monopoly
Key features of the American labor market in the postwar period include all of the following except:
a. the growth of service sector employment. b. increased labor force participation rate of women with young children. c. steadily increasing union membership. d. the erosion of discriminatory barriers for women and minority members.
Conservatives usually favor increasing government spending to increase aggregate demand
a. True b. False Indicate whether the statement is true or false
Net exports equals
A) exports divided by imports. B) the sum of exports and imports. C) exports minus imports. D) exports during the year. E) none of the above