If the Fed uses its tools to expand the money supply, bond prices will be bid down and interest rates will rise
a. True
b. False
Indicate whether the statement is true or false
False
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Figure 33-1
?
Which of the following is true about the economy depicted in Figure 33-1?
A. Economy is experiencing supply-side inflation. B. Policymakers have chosen to fight inflation rather than unemployment. C. The increase in aggregate demand has increased prices but not real GDP. D. The slope of the aggregate supply curve embodies the trade-off between unemployment and inflation.
When U.S. computer companies hire workers in India to staff their customer service call centers, they are engaging in
A) predatory pricing. B) unfair trade practices. C) outsourcing. D) labor engagement.
The United States Congress of Industrial Organizations was born as a result of all of the following except
a. minimum wage laws that brought increased competition to unionized workers b. the industrial growth brought about by technological change c. craft orientation being an impediment to further union growth d. the need for broader representation of workers with very different skills and occupations but belonging to a common industry e. the failure of craft unions to restructure its orientation according to the needs of industrial workers
Compared to Italy, the U.S. has a ________ union membership percentage of its labor force.
Fill in the blank(s) with the appropriate word(s).