In the U.S. the total amount of work time lost to strikes is less than the amount of work time lost for coffee breaks

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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If the quantity of goods and services produced in an economy decreases,

A) it may be possible for nominal GDP to increase. B) real GDP will certainly increase. C) nominal GDP will certainly decrease. D) it may be possible for real GDP to increase.

Economics

In a world where the price level could adjust immediately to its new long-run level after a money supply increase

A) The dollar interest rate would increase because prices would adjust immediately and prevent the money supply from rising. B) The dollar interest rate would fall because prices would adjust immediately and prevent the money supply from rising. C) The dollar interest rate would fall because prices would adjust immediately and prevent the money supply from decreasing. D) The dollar interest rate would decrease because prices would adjust immediately and prevent the money supply from decreasing. E) The dollar interest rate would fall because prices would not be able to prevent the money supply from rising.

Economics

One difference between a monopoly and a competitive firm is that

A) a monopoly is a price taker. B) a monopoly maximizes profit by setting marginal revenue equal to marginal cost. C) a monopoly faces a downward sloping demand curve. D) None of the above.

Economics

A _____ puts the assets of two corporations under a common management

a. acquisition b. vertical integration c. merger d. proxy fight

Economics