When unions raise wages beyond what productivity increases would permit,

A) more union workers are employed.
B) there are higher wages for all union members.
C) there is a redistribution of income from low- to high-seniority workers.
D) nonunion workers wages in the economy also increase.


C

Economics

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Economies of scale can be caused by all of the following except:

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A. The national welfare increases by $250 billion. B. The national welfare decreases by $800 million. C. The national welfare increases by $50 million. D. The national welfare decreases by $550 million.

Economics

Government spending that changes automatically without action by Congress is

A. payments to contractors for routing services performed. B. national defense. C. a noncontrollable expenditure. D. discretionary payments.

Economics