Which of the following is not part of an argument that unions lead to increased productivity?
a. reduction in worker turnover
b. improved morale
c. employees with more motivation
d. benefits from featherbedding
d
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A technological improvement lowers the cost of producing coffee. At the same time, consumers' preferences for coffee increase. The equilibrium price of coffee will
A) rise. B) fall. C) remain the same. D) rise, fall, or stay the same, depending on the relative size of the shifts in the demand and supply curves.
Suppose the two countries can trade shares in the ownership of their perspective assets. Further, assume that a Home owner of a 10 percent share in Foreign land
He will receive 10 percent share in Foreign land, and thus receives 10 percent of the annual Foreign kiwi fruit harvest. Further assume that a Foreign owner of a 10 percent share in Home land is permitted. In this case, a Foreigner is entitled to 10 percent of the Home harvest. Calculate the expected value of kiwi fruit for each investor. Is the investor better off?
Which of the following serves only the best known and heavily traded securities?
A. NYSE B. Multiple regional exchanges C. AMEX D. NASAQ
Identify the correct mathematical relationship between the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)
a. MPC + MPS = 1 b. MPC – MPS = 1 c. MPC × MPS = 1 d. MPS + MPC = 0