A closed shop
A. is an arrangement unions have with employers limiting employment to union members only.
B. is one in which union workers cannot be hired.
C. allows a firm to close its doors at will.
D. is legal in the United States.
A. is an arrangement unions have with employers limiting employment to union members only.
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Policies to determine the price of troll dolls are a concern of macroeconomics
a. True b. False Indicate whether the statement is true or false
One reason stagflation is difficult to recover from is because:
A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.
List three bogus arguments about the “burden of the debt,” and point out the errors in each of the arguments.
What will be an ideal response?
Using the Taylor rule, if the current inflation rate equals the target inflation rate and real GDP is less than potential GDP, then the federal funds target rate ________ the sum of the current inflation rate plus the real equilibrium federal funds
rate. A) will be less than B) will be greater than C) will be the same as D) may be greater than or less than