A union requirement that a fireman has to be hired to work in a diesel locomotive would be an example of
A) work expansion.
B) featherbedding.
C) work requirements.
D) work stabilization.
B
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Tastes for products such as beer differ. As a result
A) consumers of beer have difficulty deciding what type of imported beer to buy. B) the quality of imported beer is less than it could be. C) we see countries specializing completely in the production of beer. D) different countries may each have a comparative advantage in producing different types of beer.
How do the Fed's actions influence real GDP and how long does it take for real GDP to respond to the Fed's policy changes?
What will be an ideal response?
Anti-globalization and protectionism are both arguments against free trade. How do these two arguments differ?
What will be an ideal response?
The lengths of the recession and expansion phases and which sectors of the economy are most affected will rarely be the same in any two business cycles
Indicate whether the statement is true or false