The U.S. labor movement started with
A) aerospace workers unions.
B) industrial unions.
C) craft unions.
D) depression unions.
C
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Suppose Jordan and Lee are trying to decide what to do on a Friday. Jordan would prefer to see a comedy while Lee would prefer to see a documentary. One documentary and one comedy are showing at the local cinema. The payoffs they receive from seeing the films either together or separately are shown in the payoff matrix below. Both Jordan and Lee know the information contained in the payoff matrix. They purchase their tickets simultaneously, ignorant of the other's choice. 
Which of the following statements is true?
A. Lee's dominant strategy depends on Jordan's choice. B. Lee does not have a dominant strategy. C. For Lee, seeing a documentary is a dominant strategy. D. For Lee, seeing a comedy is a dominant strategy.
The production possibilities curve shows:
A. the minimum amount of one good that can be produced for every possible production level of the other good. B. the maximum amount of one good that can be produced for every possible production level of the other good. C. how increasing the resources used to produce one good increases the production of the other good. D. how increasing the production of one good allows production of the other good to also rise.
Which of the following explains how consumers in Lumberland might be affected when its producers begin exporting wood and wood products to other countries?
a. Prices for wood and related wood products begin to fall. b. Wood products such as pulp and paper are no longer available. c. Consumers suffer as all prices in the economy begin to rise. d. Prices for wood building materials and furniture begin rising.
The value of goods produced in a previous year but sold in the current year is added to the GDP for the current year.
Answer the following statement true (T) or false (F)