The American Federation of Labor
a. was an amalgamation of two labor organizations.
b. had over 1 million members by 1905.
c. sought to control job opportunities and conditions within each craft.
d. allied with the National Civic Federation in attempt to create a more favorable public image.
e. All of the above.
e. All of the above.
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If the graph shown represents Suzi's budget constraint, what can be said about hairbands?
A. They cost twice as much as earrings.
B. They cost half as much as earrings.
C. Suzi likes hairbands more than earrings.
D. Suzi is willing to pay twice as much for hairbands.
When a negative externality is present in a market, total surplus is:
A. higher when buyers only consider private costs. B. lower when buyers only consider private costs. C. lower when buyers consider social costs. D. None of these statements is true.
Which of the following is a disadvantage of the European Monetary Union to member countries?
A. Loss of some national identity B. Greater price transparency C. Greater clout for European consumers D. The expected creation of new reserve currency, the euro
The theory that there is no way to "get rich quick" in securities due to a lack of predictable trends is
A) no-win theory. B) market trend analysis. C) random walk theory. D) trading.