The American Federation of Labor (AFL)
A. became the nation's predominant labor organization in the 1930s.
B. had a main goal in the first decades of its existence of the formation of small producers' cooperatives.
C. originally organized unions along craft lines as opposed to industrial lines.
D. and the Congress of Industrial Organizations (CIO) split up in 1955.
C. originally organized unions along craft lines as opposed to industrial lines.
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In the 1980s, the USA and the USSR negotiated a reduction in nuclear arms; this is an example of a
A) non-cooperative equilibrium. B) cooperative outcome that may not be a Nash equilibrium. C) cooperative outcome that was a Nash equilibrium. D) sub-game perfect equilibrium.
Refer to the graph shown. Expectations of inflation at point B are:
A. 1 percent. B. 2 percent. C. 3 percent. D. unknown.