The Taft-Hartley Act of 1947 outlawed
A) strikes.
B) make-work rules and forcing unwilling workers to join a union.
C) right-to-work states.
D) none of the above.
B
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Suppose Bart's MRS for sodas with chips is 6 bags of chips per soda. Also assume that Lisa's MRS for sodas with chips is 8 bags of chips per soda. Assuming that these rates of substitution don't depend on the amounts consumed, which of the following trades would make Bart and Lisa better off?
A. Bart gives Lisa 9 bags of chips in exchange for a soda. B. Bart gives Lisa 7 bags of chips in exchange for a soda. C. Bart gives Lisa 6 bags of chips in exchange for a soda. D. None of these trades is mutually beneficial.
Refer to the normal-form game of price competition shown below.Firm AFirm B??CD?A0,75,2?B5,10,8Which of the following represents the set of possible pure strategy Nash equilibria?
A. {C, D} B. {A, B} C. {A, C} D. {(A, C), (A, D), (B, C), (B, D)}
During periods of unemployment
A) the economy operates at a point inside the production possibilities curve. B) the economy operates at a point outside the production possibilities curve. C) the production possibilities curve shifts inward. D) the production possibilities curve shifts outward.
Suppose that the marginal propensity to save (MPS) equals 0.2. The value of the multiplier would be
A. 2. B. 1.25. C. 20. D. 5.