Why is a monopsony a negative situation for a worker?
a. Wages are lower than in a competitive labor market.
b. Their workplace is not in a convenient location.
c. Increased hiring causes workplace overcrowding.
d. They have better options for employment nearby.
a. Wages are lower than in a competitive labor market.
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Monetary policy is conducted
A) only by the Federal Reserve. B) by the Federal Reserve and the President of the United States. C) by the Federal Reserve, the President of the United States, and Congress. D) by the Federal Reserve with veto power residing with the President of the United States.
Mexico and India have a fairly large number of engineers and technical personnel, which means that new technology can be adapted relatively quickly
a. True b. False Indicate whether the statement is true or false