While unions represent only a fraction of the unskilled workers in the U.S. labor market, any wage increase won by unionized workers is most likely shared with non-union unskilled workers

In Irving Fisher's quantity theory of money, velocity was determined by

A) interest rates. B) real GDP. C) the institutions in an economy that affect individuals' transactions. D) the price level.

One of the main difficulties with implementing fiscal policy is:

A. the time lag between the time the policy is chosen and the time it gets enacted. B. deciding on a policy without all the relevant information. C. the danger in overshooting or undershooting the goal of full employment. D. All of these are true.