The peak of union representation in the workforce was
A. 50% in 1935.
B. 40% in 1945.
C. 15% in 1985.
D. 30% in 1975.
Answer: D
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Describe the consumer equilibrium in the indifference curve/budget line model
What will be an ideal response?
Suppose we observe the following 1-year interest rates:
Euro $ = 15% Euro SF = 12% The exchange rate is quoted as the dollar price of Swiss francs and is currently E = 0.40. (a) Given the information above, what is the 12-month forward rate? (b) Suppose the actual 12-month forward rate is not what you found from (a), but instead is $0.42. What would profit-seeking arbitrageurs do?
Which of the following is an example of a barrier to entry?
(A) Government deregulation (B) Low start-up costs (C) Perfect competition (D) High start-up costs
The marginal cost curve intersects the ATC at the _____________ point of the ATC curve.
Fill in the blank(s) with the appropriate word(s).