All workers must join the union within 30 days after employment in a
A. union shop.
B. closed shop.
C. craft union.
D. business union.
A. union shop.
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Last year the CPI was 177.1 and this year the CPI is 180.9. What was the inflation rate between these two years?
What will be an ideal response?
Which statement is true?
A. William Julius Wilson and Charles Murray are basically in agreement about the causes of the formation of a permanent underclass. B. The permanent underclass has more white members than black members. C. There is very little evidence to show that there is actually a permanent underclass. D. There are more poor whites than poor blacks in the United States.
Which of the following will decrease the demand for fast-food burger workers' labor?
a. More people start working two jobs and eat more fast food. b. The price of pizza, a substitute for burgers, decreases. c. A new technology allows burgers to be produced faster. d. Workers get additional training that increases productivity. e. Workers form a union and get higher wages.
Identify the market structure characterized by many small firms selling somewhat different products.
A. Monopoly B. Monopolistic competition C. Perfect competition D. Duopoly