An industrial union would be organized among a group such as
A. air traffic controllers.
B. plumbers.
C. airline pilots.
D. steel workers.
D. steel workers.
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Moody's gives junk bonds a rating below
A) Aaa. B) Aa. C) A. D) Baa.
In a long-run equilibrium, a firm in a monopolistically competitive market operates
a. where marginal revenue is zero. b. where marginal revenue is negative. c. on the rising portion of its average total cost curve. d. on the declining portion of its average total cost curve.
Susan, a U.S. citizen, builds and operates a kennel in France. This action is an example of
a. investment for Susan and U.S. foreign direct investment. b. investment for Susan and U.S. foreign portfolio investment. c. U.S. foreign direct investment and U.S. domestic investment. d. U.S. foreign portfolio investment and U.S. domestic investment.
Suppose Ginger is going to buy a house and a dishwasher. Assuming the marginal cost of searching for both is the same, one can predict that Ginger will
A. spend more time searching for the dishwasher than the house. B. trust the information from her real estate agent but not from the dishwasher salesperson. C. spend more time searching for the house than the dishwasher. D. spend equal amounts of time searching for the dishwasher and the house.