In the United States, the unionization rate of private-sector workers is much higher than that of public-sector workers.
Answer the following statement true (T) or false (F)
False
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The demand for wheat from farm A is perfectly elastic because wheat from farm A is
A) a perfect complement for wheat from farm B. B) a normal good. C) a perfect substitute for wheat from farm B. D) an inferior good.
An unexpected fall in durable goods orders should send bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
If the economy experiences a strong boom and consumers' incomes sharply rise, larger, more remote stores with lower prices are ________ to have a(n) ________ in the number of customers.
A) not likely; decrease B) likely; decrease C) not likely; change D) likely; increase
If average incomes of a nation don't rise over time:
A. improvements in health are impossible. B. improvements in health are still possible. C. improvements in health are still very likely. D. it will have no impact on the nation's ability to improve health.