A union acts like a monopoly seller of labor

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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If the expected inflation rate was 2.5%, the expected real interest rate was 4.0%, and the actual inflation rate turned out to be 3.2%, then the real interest rate equals

A) 1.7%. B) 3.2%. C) 3.3%. D) 4.7%.

Economics

Which of the following is a bank liability?

a. required reserves b. excess reserves c. actual reserves d. demand deposits e. loans

Economics

The marginal product of an input is equal to the change in total product resulting from a one-unit increase in the quantity of that input.

Answer the following statement true (T) or false (F)

Economics

How does rapid economic growth at home affect foreign exchange markets?

What will be an ideal response?

Economics