Price competition among firms has proved to be more important than the introduction of new products
a. True
b. False
Indicate whether the statement is true or false
False
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The negative slope of a production possibilities frontier is a graphic representation of opportunity cost
a. True b. False Indicate whether the statement is true or false
How were unions affected by the Landrum-Griffen Act of 1959?
a. It established their right to bargain collectively. b. It ended labor unions among federal workers. c. It gave unions greater freedom to conduct union elections. d. It increased government oversight of finances.
The balanced budget multiplier is always equal to:
A. 0.50. B. 0.75. C. 1 / MPC. D. 1.
Examples of employment discrimination would include
A. the legendary Negro league pitcher Satchel Paige who was not allowed to pitch in the major leagues until he was in his late 40s. B. the large majority of women in the 1950s and 1960s who were typists or secretaries. C. the attitude that typing, filing and other clerical positions were "women's work". D. all of the examples are true.