Public sector unions now
A. Represent a smaller percentage of workers than private sector unions.
B. Represent over five times the percentage of workers in private sector unions.
C. Are growing at a smaller rate than private sector unions.
D. Are illegal in the United States.
Answer: B
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A. Precipitation B. Regulation C. Circulation D. Unemployment
Refer to Figure 5-3. In the absence of any government intervention, the private market
A) underproduces by Qo - Qm units. B) underproduces by Qn - Qm units. C) overproduces by Qn - Qm units. D) overproduces by Qo - Qm units.
Which type of merger is most likely going to decrease competition in an industry?
a. incomplete merger b. hostile merger c. conglomerate merger d. horizontal merger e. vertical merger
If the opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany, it makes sense for Japan to produce wristwatches.
Answer the following statement true (T) or false (F)