Which of the following industries had the highest unionization rate in 2011?
A. Finance
B. Construction
C. Transportation
D. Manufacturing
C. Transportation
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The aggregate demand curve is usually
A) downward sloping. B) vertical. C) horizontal. D) upward sloping.
One of the main sources of comparative advantage is natural resources
Indicate whether the statement is true or false
Which of the following is most likely to result from a stronger dollar?
A) U.S. goods exported aboard will cost less in foreign countries, and so foreigners will buy more of them. B) U.S. goods exported aboard will cost more in foreign countries and so foreigners will buy more of them. C) U.S. goods exported abroad will cost more in foreign countries, and so foreigners will buy fewer of them. D) Americans will purchase fewer foreign goods.
The diagram below shows the labor market faced by monopsonists. To maximize profits, this firm will hire labor at point:
A. L3. B. L1. C. L2. D. 0.