During the first three decades of the 20th century, most Americans saw unions as ___________.
Fill in the blank(s) with the appropriate word(s).
subversive, foreign, or evil
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A manager invests $400,000 in a technology that should reduce the overall costs of production. The company managed to reduce their cost per unit from $2 to $1.85 . After the investment has been made, the $400,000 investment is
a. Considered sunk costs, not relevant in further decision making b. Considered sunk costs, but still relevant in further decision making c. Considered a loss d. Considered a profit
A deadweight loss arises under perfect competition
a. True b. False Indicate whether the statement is true or false
The official poverty rate for the United States is currently set at ____ times the cost of providing a nutritionally adequate diet
a. two b. three c. five d. eight
When inflation suddenly increases, ARMs
A. Protect borrowers against the effects of inflation. B. Maintain a stable real interest rate. C. Protect the purchasing power of workers' wages. D. Protect against rising real interest rates.