Which of the following will be most likely to cause the production possibilities curve for a country to shift inward?
a. an increase in the labor force
b. an increase in unemployment
c. development of an improved technological method of production
d. a decrease in the stock of physical capital
D
Economics
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A craft labor union is made up of
A) groups of workers in an individual trade. B) all the workers in a firm such as General Motors. C) firms that employ similar labor skills. D) an organization that controls the labor market in a particular industry.
Economics
Economics:
A. is the science of the rich. B. has nothing to do with the allocation of resources. C. exists because of scarcity. D. is not related to decision making.
Economics