Unions face a trade-off between higher wages and

A) fewer available positions.
B) more available positions.
C) equipment.
D) none of the above.

A

Economics

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In response to a shortage the market price of a good will rise; as the price rises, the demand will decrease and supply will increase until equilibrium is reached

Indicate whether the statement is true or false

Economics

The major contribution of goldsmiths to the development of modern banking was

A. local banking. B. market banking. C. fractional reserve banking. D. gold standard banking.

Economics