The share of the labor force that was unionized increased from 7.4 percent in 1930 to more than 30 percent in 1955 . During these 25 years, the share of national income allocated to labor (in contrast to capital)
a. increased approximately 10 percent.
b. increased 17.6 percent.
c. fell 20 percent.
d. was virtually unchanged.
D
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Research has shown that voters are more likely to turn out in elections with ________ electorates and when the election is likely to be ____________.
A. small; very competitive B. large; very competitive C. small; not very competitive D. large; not very competitive
Fixed exchange rates serve as a constraint on inflationary government policies
a. True b. False Indicate whether the statement is true or false
Traditional economies tend to be
a. unstable and unpredictable b. stable, predictable, and growing c. unstable, unpredictable, and stagnant d. unstable and unpredictable, but growing e. stable and predictable, but stagnant
Refer to the figure above. If John spends his entire income on chairs, how many chairs can he purchase?
A) 3 B) 8 C) 20 D) 40