Unions first became powerful in the United States in industries dominated by
A) government.
B) highly profitable firms.
C) large firms.
D) small firms.
D
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Property owned by individuals is called:
A. Common property B. Shared property C. Public property D. Private property
Jack Nelson, a supervisor in the hardware department at Sears, received a $3,000 increase in his annual disposable income. Suppose his marginal propensity to consume is 0.80. How much of the $3,000 increase will Jack spend on consumption?
A) $3,000 B) $2,750 C) $2,200 D) $2,400 E) $2,500
In a three-player game, which of the following is not one of the player designations for a payoff matrix?
A) row B) column C) chapter D) page
Adverse shocks such as the crop failures of 1972–1973 and the oil price increases of 1974 and 1979 pushed the economy’s
A. aggregate supply curve outward. B. Phillips curve inward toward the origin. C. aggregate supply curve inward. D. aggregate demand curve inward.