Under Samuel Gompers, the highly successful American Federation of Labor (AFL) restricted its membership to craftsmen, required members to pay high dues and garnered votes and campaign contributions for politicians supporting the labor movement
Indicate whether the statement is true or false
True
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Suppose the growth rate of GDP in the United States is 4.2 percent. If 1.1 percent and 1.4 percent of GDP growth are due, respectively, to capital and labor growth, the amount resulting from technological progress is
A) 0.3 percent. B) 1.1 percent. C) 1.4 percent. D) 1.7 percent.
Argentina's government established a currency board to
A. coordinate internal growth policies. B. signal its commitment to stop the country's hyperinflation. C. boost its export demand. D. minimize the impact of large international capital flows.
Advertising can lead to more competition and lower prices for consumers.
Answer the following statement true (T) or false (F)
Refer to the above table. Given the demand and cost schedules, what is the profit maximizing quantity for this monopolist?
A. 14 B. 25 C. 30 D. 19