Union organizing drives will be more successful in firms that have relatively ________ labor demand curves.
A. increasing
B. elastic
C. linear
D. inelastic
E. flat
Answer: D
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U.S. banks have most of their branches in
A) Latin America, the Far East, the Caribbean, and London. B) Latin America, the Middle East, the Caribbean, and London. C) Mexico, the Middle East, the Caribbean, and London. D) South America, the Middle East, the Caribbean, and Canada.
Good Patties is a chain fast-food hamburger restaurant that wants to expand into a foreign market. The managers of Good Patties are most concerned about the financial commitment and desire to keep the potential cost as low as possible. Which of the following entry methods is most likely to address the managers' financial concerns?
A) acquiring a foreign firm through a merger B) establishing a local office/restaurants managed by one of Good Patties' managers C) franchising D) independent entry
U.S. corporate stock is distributed fairly equally among U.S. stockholders
Indicate whether the statement is true or false
Which of the following is not an argument in favor of requiring the government to balance its budget?
a. Government debt imposes higher taxes or more borrowing on future generations. b. A balanced budget will smooth the business cycle. c. Deficits lower national saving. d. Recent history shows that Congress will run deficits even when deficits are not justified by war or recession.