Which of the following statements best describes the union movement between 1800-1860?
a. Unions were composed primarily of craftsmen.
b. Unions were concentrated primarily in rural towns and villages.
c. Union membership grew consistently through the period and comprised a substantial portion of the working population.
d. Women were more likely to belong to unions than men.
a. Unions were composed primarily of craftsmen.
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The long-run aggregate supply curve is determined by all of the following EXCEPT
A) aggregate demand. B) endowments. C) technology. D) the amount of resources that exist in the economy.
Refer to Current and Future Consumption. This consumer can lend and borrow at an interest rate of
The following questions refer to the accompanying diagram, which shows a consumer's choice between current and future consumption.
a. 8%.
b. 25%.
c. 64%.
d. 100%.
The degree of international capital mobility is affected by:
a. The value of the domestic currency. b. Central bank capital controls. c. The monetary base. d. The money supply. e. The quantity of domestic currency traded per time period.
Which of the following is true?
A. Both if there are only two firms in a market, prices must be above marginal cost and if there is only one firm in a market, prices must be above marginal cost are correct. B. If there are only two firms in a market, prices must be above marginal cost. C. If there is only one firm in a market, prices must be above marginal cost. D. None of the answers is correct.