Which of the following is correct?
a) in unionized industries, wages are below the level tha...
Business, 03.12.2019 06:31 xxxharveyweinsteinxx
Which of the following is correct?
a) in unionized industries, wages are below the level that would prevail in competitive markets.
b) the introduction of a union in an industry reduces the quantity of labor demanded in that industry, causes some workers in that industry to be unemployed, and reduces wages in the rest of the economy.
c) there is a strong consensus among economists that unions are bad for the u. s. economy.
d) all of the above are correct.
Answers: 2
Business, 21.06.2019 19:50
Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.
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Business, 22.06.2019 11:00
When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations
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When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
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Business, 22.06.2019 16:20
The following information relates to the pina company. date ending inventory price (end-of-year prices) index december 31, 2013 $73,700 100 december 31, 2014 100,092 114 december 31, 2015 107,856 126 december 31, 2016 123,009 131 december 31, 2017 113,288 136 use the dollar-value lifo method to compute the ending inventory for pina company for 2013 through 2017.
Answers: 1
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