________________, which produced ______________, is commonly cited as the first American factory
a. The Oliver Evans Mill; flour
b. The Almy, Slater, Brown Mill; yarn and thread
c. The Boston Manufacturing Company; cotton
d. The Whitney Armaments Firm; guns
b. The Almy, Slater, Brown Mill; cotton
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Which of the following would shift a market labor supply curve to the left?
a. an increase in the wage paid to workers in a competing market b. labor-saving technology c. a change in worker tastes so that workers want to retire later d. an increase in immigration
Which group within the Federal Reserve System meets to discuss changes in the economy and determine monetary policy?
a. the Board of Governors b. the FOMC c. the regional Federal Reserve Bank presidents d. the Central Bank Policy Commission
The current rate of unemployment of 5 percent is too high. This is a _______ statement.
A) normative B) ceteris paribus C) positive D) fallacy of false cause
The process of collecting information that identifies similarities and differences among jobs is _____.
A. job evaluation B. job analysis C. observation D. work structure analysis