If we assume competitive labor markets, the supply curve of labor when the firm is a monopoly is
A) upward sloping.
B) vertical.
C) horizontal.
D) downward sloping.
C
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Explain the effect of right-to-work laws on the collective bargaining power of labor unions
From fiscal year 2012 to fiscal year 2013 China's budget deficit rose 50%. Other things the same, we would expect this to have
a. decreased interest rates and investment. b. decreased interest rates and increased investment. c. increased interest rates and investment. d. increased interest rates and decreased investment.
Suppose the MPC is 0.8 in Canada and the MPC of Home goods is 0.55. If income increases by $100 million in Canada, then the increase in consumption of domestic goods will be:
a. $25 million. b. $80 million. c. $55 million. d. $35 million.
Which of the lines represent the structural stagnation's assumption about trend growth?
A. 3 percent trend B. 2.25 percent trend C. Actual D. It is not represented