The unemployment rate generally ________ during recessions and generally ________ during expansions
A) increases; increases
B) increases; decreases
C) decreases; decreases
D) decreases; increases
E) increases; does not change
B
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Which of the following labor organizations was limited to skilled craft workers and emphasized that unions should control the place of employment; stick to wages, hours, and working conditions in their negotiations; win strikes; and, in politics,
"reward our friends and punish our enemies"? (a) The National Labor Union (b) The Knights of Labor (c) The American Federation of Labor (d) The American Labor Union
Purchasing a profitable supplier increases profit only if
a. You pay equal to the value of the company's inventory b. You pay higher than the value of the company's future profits c. You pay lower than the value of the company's discounted future profits d. You pay lower than the value of the company's undiscounted future profits
What determines the productivity growth rates of a country?
a. Amount of working capital currently available. b. Rates of increase of capital, technology, and workforce quality c. Current level of gross domestic product. d. Current levels of human capital, physical capital, and technology.
Which central bank has its exchange rate as a focus of its monetary? policy?
A) Bank of Canada
B) Bank of England
C) European Central Bank
D) Federal Reserve