An increase in the marginal propensity to consume will result in a(n):
a. steeper consumption function

b. flatter consumption function.
c. upward shift of the consumption function.
d. downward shift of the consumption function.

a

Economics

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A legal arrangement whereby a firm can hire only union labor is called

A) a union shop. B) a closed shop. C) a sweat shop. D) an open shop.

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Which of the following is true?

a. Employers who discriminate against women will have lower costs than rival firms that hire employees strictly on the basis of merit (productivity). b. If employers can hire equally productive female employees at a lower wage than males, the profit motive gives them a strong incentive to do so. c. The female/male earnings ratio is higher for persons who are married than for those who remain single. d. Both a and c are true.

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