A decrease in inflationary expectations shifts the short-run Phillips curve away from the origin
Indicate whether the statement is true or false
false
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International trade leads to complete equalization of factor prices. Discuss
What will be an ideal response?
The United Farm Workers have been unsuccessful for decades in their attempts to organize California's strawberry pickers because the workers
A. Know that replacement workers are readily available. B. Don't understand English. C. Don't care about earning higher wages. D. Are members of a union shop.
Manager-determined prices are
A. not determined by the forces of demand and supply. B. exogenous variables in a demand equations. C. associated with price-taking firms. D. both a and b E. both b and c
Which of the following moral theories considers the action resulting in the greatest benefit to all people as the most moral action?
a. act utilitarianism b. rule utilitarianism c. relativism d. deontology