The ultimate bargaining tool for unions is
A) the strike.
B) "labor's Magna Carta."
C) the Taft-Hartley Act.
D) the sympathy strike.
A
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What results has the Republic of Korea experienced from its change in policies?
What will be an ideal response?
Money neutrality states that
A) with money, one can still use the representative agent. B) changes in money do not affect real aggregates. C) changes in inflation do not affect real aggregates. D) monetary policy is independent from politics.
Consider the following statements when answering this question. I. If no consumer has a kinked demand curve for CDs, then the market demand curve for CDs cannot be kinked either. II
If at a price of $10, every consumer has inelastic demand, then at that price the market demand for CDs will be inelastic too. A) I and II are true. B) I is true, and II is false. C) I is false, and II is true. D) I and II are false.
Compared to IACs, LDCs are often characterized by:
a. lower adult literacy. b. lower per capita energy consumption. c. lower life expectancy. d. All of the answers are correct.