Which of the following statements presents inaccurate information about the early U.S. labor movement?
a. Courts in the early 19th century often found unions guilty of conspiracy.
b. Unskilled factory workers were the primary beneficiaries of early labor gains.
c. In the 1820s and 1830s, small craft societies began to coalesce to form larger unions.
d. Early unions experimented with collective bargaining, strikes and closed shops.
b. Unskilled factory workers were the primary beneficiaries of early labor gains.
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On the diagram above, show the quantity of consumption per worker in equilibrium
If the actual capital per worker were greater than k*, would consumption be higher or lower than it is in equilibrium? Describe what would happen in an economy with such a high level of capital per worker.
The federal budget deficit in 2009 was more than eight times larger than the deficit in 2007
a. True b. False Indicate whether the statement is true or false
If a country's production possibilities curve gets more bowed out over time, it is an indication that
A) technological change has taken place. B) society is learning to use its resources more efficiently. C) the quantity of labor and capital have increased. D) resources have become more highly specialized.
The demand schedule is a price list for a fixed basket of consumer goods following a particular format
a. True b. False Indicate whether the statement is true or false