One important role for government as referee is in defining and enforcing property rights
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Laws that make it illegal to require union membership as a condition of continuing employment in a firm are
A) union shop laws. B) right-to-work laws. C) closed-shop laws. D) jurisdictional laws.
Economics
If an oligopolist cuts the prices of its products,
A. customers will switch to a rival firm. B. customers will remain unchanged in number. C. customers will switch from rival firms to buy from them. D. rival firms will not react.
Economics
Figure 9-3
?
In Figure 9-3, saving at equilibrium GDP is
A. $1,200 billion. B. $1,000 billion. C. $800 billion. D. $600 billion. E. $400 billion.
Economics
How does an expected change in car prices affect consumption?
What will be an ideal response?
Economics