All of the following are benefits of labor unions EXCEPT
A) unions reduce wage inequity.
B) unions increase the stability of the workforce.
C) unions give workers a political voice.
D) unions maximize employment for all workers.
D
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In effect, banks are able to charge
A) depositors for banks' superior information about borrowers. B) borrowers for banks' superior information about depositors. C) the government for banks' superior information about borrowers and depositors. D) interest rates that are in fact above those legally allowed.
Which of the following is a microeconomic topic?
A) the increase in the amount of imports from China to the United States B) the rate at which the cost of living has increased in Canada C) the marketing strategy of the Apple Computer company D) the increase in the employment level of the United States in the past year