Which of the following would be considered an unfair labor practice by a union?
a. a strike called by one union in support of another union's strike
b. calling for a strike
c. demanding a wage rate increase when the firm is in financial trouble
d. boycotting the employer's goods
e. demanding that the employer bargain in good faith
A
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Refer to Table 23-4. Given the consumption schedule in the table above, the marginal propensity to consume is
A) 0.5. B) 0.6. C) 0.75. D) 0.8.
The horizontal summation of individual demand curves gives:
a. a supply curve. b. a Phillips curve. c. a market demand curve. d. the quantity supplied. e. a production function.
The social and economic environment plays a secondary role when compared to the importance of land, labor, capital, and entrepreneurship
Indicate whether the statement is true or false
An argument in favor of free trade is that trade barriers force consumers to pay higher prices for protected products than they would otherwise pay.
Answer the following statement true (T) or false (F)