Under the Patient Protection and Affordable Care Act (ACA), residents who do not have health insurance will not be allowed to seek employment
Indicate whether the statement is true or false
FALSE
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If consumer tastes are changing more in favor of the consumption of a particular good the:
a. market demand curve will shift to the left. b. consumer will move up a given demand curve, decreasing the quantity demanded. c. consumer would move down a given demand curve, decreasing the quantity demanded. d. consumer would move down a given demand curve, increasing the quantity demanded. e. market demand curve would shift to the right.
Which of the following lists two things that both increase the money supply?
a. the Fed buys bonds and lowers the discount rate. b. the Fed buys bonds and raises the discount rate. c. the Fed sells bonds and lowers the discount rate. d. the Fed sells bonds and raises the discount rate.
An upward-sloping labor-supply curve implies that an increase in the wage induces
a. firms to increase the quantity of labor they hire. b. firms to increase the quantity of output they produce. c. workers to decrease the quantity of leisure they enjoy. d. All of the above are correct.
Inclusive union strategy involves
A. increasing the demand for the final product, thereby increasing the demand for labor. B. restricting the supply of union labor. C. setting job standards and entry qualifications for members. D. organizing all workers in a particular craft or industry and bargaining for a wage.