Which statement is the most accurate?
A. In the U.S., there is no such thing as non-competing groups.
B. The jobs described in Beth Schulman's The Betrayal of Work are in the primary labor market.
C. When you work for Wal-Mart as an associate, you are in the primary labor market.
D. In Nickel and Dimed, Barbara Ehrenreich described her experiences in the secondary labor market.
D. In Nickel and Dimed, Barbara Ehrenreich described her experiences in the secondary labor market.
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The production of cigarettes is highly automated; however, a worker is required to monitor each machine. Machines and workers do not interact with one another. Given this information, there are most likely
A) economies of scale. B) economies of scope. C) constant returns to scale. D) increasing returns to scale.
Supply-side inflation could be caused by which of the following?
A) an increase in aggregate demand B) a decrease in aggregate demand C) an increase in long-run aggregate supply D) a decrease in long-run aggregate supply