The number of workers represented by unions has
A. represented an ever-larger fraction of the shrinking U.S. labor force.
B. increased.
C. stayed roughly the same.
D. decreased.
Answer: D
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International data suggests that
a. convergence is not taking place. b. convergence is taking place among poor countries but not among rich countries. c. convergence is taking place among all countries. d. convergence is taking place among rich countries but not among poor countries.
Jason is a single father with two children who is eligible for welfare. He can work as a cashier at a grocery store for $6 per hour up to 1,200 hours per year. If Jason does not earn any income, he will receive $15,000 a year in welfare. If Jason works, the government will deduct 60 cents from his welfare stipend for every $1 that he earns in income. Given this policy, what will be Jason’s income is he works 600 hours during the year?
a. $3,600 b. $16,440 c. $15,000 d. $12,840
People who buy used homes often insist on having a "home inspection" before they finalize the purchase. If the house fails the inspection the buyer has the right to refuse to buy the house unless the seller fixes whatever problems are found. Does this help or hurt the seller?
What will be an ideal response?
The supply curve for a monopoly and for a perfectly competitive industry are virtually identical.
Answer the following statement true (T) or false (F)