________ shifts the Fed rule to the right.
A. A decrease in government spending
B. A decrease in the price level
C. An increase in government spending
D. An increase in the Z factors
Answer: B
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Inflation adjusted hourly wages for the average hourly worker is _______ today than it was in 1973.
A. higher B. lower C. about the same
In the 1960s, the lyrics of a rock song asked, "Did you ever have to make up your mind to say yes to one and leave the others behind?" What economic principle was demonstrated in the song? Explain
An increase in the budget deficit shifts the demand for loanable funds to the right
a. True b. False Indicate whether the statement is true or false
Which of the following is one of the reasons for declining union membership in the United States?
A) Much of the unskilled, nonunionized work in the United States is done by immigrant workers who are undocumented. B) The AFL-CIO merger and creation of the Change to Win Federation reduced competition among unions. C) the repeal of the Taft-Hartley Act D) Labor force participation by women has decreased.