Consumers make all economic decisions in a mixed economy
Indicate whether the statement is true or false
FALSE
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In the early 1900s,
a. federal and state governments typically supported management and opposed labor unions. b. "government by injunction" was a strong weapon for combating strikes. c. using troops to break strikes was considered a legitimate use of police power. d. the Supreme Court upheld employers' use of antiunion contracts. e. All of the above.
Knowing how to translate between present and future value can be useful when:
A. the benefits and opportunity cost occur at different times. B. there are benefits and costs occurring at the same time. C. the current costs are higher than the present benefits. D. there are no benefits and costs.
The sales of firms can
A) flow with the business cycle. B) oppose the business cycle. C) be largely independent of the business cycle. D) all of these choices.
In Russia, estimated losses from copyright piracy total ________.
A) $3,596 million B) $2,224 million C) $1,691 million D) $225 million