Which of the following groups is a craft union?
a. auto workers
b. steel workers
c. writers
d. government employees
e. construction workers
C
Economics
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When an expansionary fiscal policy increases market interest rates and lowers gross private investment in an economy, it is called the: a. countercyclical effect. b. policy lag effect
c. multiplier effect. d. crowding out effect.
Economics
Which term refers to the profits that a firm receives from investing in a new technology?
a. Private benefits b. Social benefits c. Private externalities d. Positive externalities
Economics