Unions, by nature, must ____ their membership in order to ____ wages
a. open; lower
b. open; raise
c. restrict; lower
d. restrict; raise
d
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Which of the following is not true with regard to the burden of the U.S. national debt?
a. The debt does burden future generations to the extent that it is sold to foreigners. b. Budget deficits are not appropriate for stabilization purposes under any circumstances. c. The debt will reduce the nation's capital stock if incurred during a fully employed economy. d. The large deficits of the 1980s and early 2000 were particularly worrisome because they were not attributable to recessions.
The first country to require standardized cost-effectiveness analysis before a pharmaceutical drug would be approved for distribution and reimbursement was:
a. France. b. the UK. c. Norway. d. Australia. e. Sweden.
A radio manufacturer is experiencing theft problems at its warehouse and has decided to hire security guards to reduce the thefts. The firm wants to minimize the net cost of warehouse thefts. 
Given the above info, if each security guard is paid $200 a week and the cost of a stolen radio is $25, how many security guards should the firm hire?
A. 1 B. 2 C. 3 D. 4 E. 5
Explain the difference between a "change in quantity supplied" and a "change in supply."
What will be an ideal response?