If workers are homogeneous and face a monopsonist,

A) they are likely to want to form a union.
B) they are likely to want to negotiate one-on-one with their employer.
C) it is likely that half will want to form a union, half will not.
D) they are likely to move to another town.


A

Economics

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Concerning the effect of New Deal farm measures, Walton and Rockoff conclude that the New Deal _____

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Apple has continued to be innovative to ensure that the demand for its products stays or becomes

a. More inelastic b. More elastic c. Unitary elastic d. None of the above

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The foreign purchases effect states that when our price level increases, this tends to ______.

Fill in the blank(s) with the appropriate word(s).

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According to the classical model, desired saving is

A) affected by the money illusion at low income levels. B) identical to the demand for saving at each level of real GDP. C) a function of real GDP. D) equal to desired investment.

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