Which of the following type of shops is unlawful under the provisions of the Taft-Hartley Act?
A. modified union shops
B. union shops
C. open shops
D. closed shops
Answer: D
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On a typical acre of land, Iowa can produce either 300 pounds of beef or 100 pounds of soybeans in a year. On a typical acre of land, Nebraska can produce 150 pounds of beef or 200 pounds of soybeans. Which of the following is correct?
A) Nebraska should produce soybeans because its opportunity cost of soybeans is lower. B) Nebraska should produce soybeans because its opportunity cost of soybeans is higher. C) Iowa should produce soybeans because its opportunity cost of soybeans is lower. D) Iowa should produce soybeans because its opportunity cost of soybeans is higher. E) Nebraska and Iowa should divide each acre evenly between soybean and beef production.
How did the European single currency evolved?
What will be an ideal response?
All of the following are tax shields except which one?
A) depreciation allowances B) an interest-only payment of a loan C) a principal payment on a loan D) straight-line depreciation
In the above figure, if this natural monopolist were regulated and allowed to earn a "fair" rate of return, it would produce
A) at Q1 output rate. B) at Q2 output rate. C) at Q3 output rate. D) past the Q3 output rate.