Compared to Sweden, the UK, and Italy, the U.S. has a ______ union membership percentage of its labor force.
Fill in the blank(s) with the appropriate word(s).
lower
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Samantha is at a friend's house for dinner. Her friend says "I can re-heat either the lasagna or the fried rice." Samantha likes them both, but chooses the fried rice. Does Samantha's choice entail a cost?
A) No—as long as her friend didn't charge Samantha for the meal. B) Yes—Samantha sacrificed the opportunity to eat lasagna. C) Yes—as long as Samantha reimburses her friend for the cost of re-heating the meal. D) Both A and C above.
In 2014, the NCAA was the subject of two antitrust lawsuits related to video games. The NCAA reached a settlement in which it agreed to
A) pay current and former athletes whose names or images had been used in NCAA-branded video games. B) split into two separate entities, one which monitors college athletics and the other which markets products. C) stop authorizing the production of NCAA-branded video games. D) allow schools to pay athletes so it could continue to use their images in the video games.
What is the underground economy? How does it affect GDP calculations? Provide three examples of underground economy transactions
One of the most dramatic bank failures of the 1980s was the demise of Chicago's Continental Illinois Bank. Continental ran into problems because it
a. acquired deficient earth moving machinery from Caterpillar b. acquired a series of unsound assets from Penn Square Bank of Oklahoma City c. invested too heavily in the Brazilian economy in the 1970s d. financed deficit spending by Archer Daniels Midland e. sued the FDIC and failed