The future of private sector labor unions is
A. bright because of the numerous recent innovations in recreational technologies now available for overworked and highly-stressed union members.
B. bleak because of the growing economic influence of Walmart upon its suppliers.
C. bleak because of the sweep of Congress by Democrats in 2006.
D. bright because of the booming Chinese export-driven economy.
Answer: B
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Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a $1,000 deposit, then its loan balance can increase by a maximum of:
a. $0. b. $90. c. $100. d. $900. e. $910.
Neoclassical economists hold that, based on the theory of rational _______________, economic adjustments may happen very quickly.
a. thought b. production c. expectations d. thinking
About one out of every ________ white children under the age of 18 is poor.
Fill in the blank(s) with the appropriate word(s).
Which line might represent an immediate-short-run aggregate supply curve?
Refer to the graph above.
A. 1
B. 2
C. 3
D. 4