Because labor unions contribute to keeping real wages ________ their equilibrium levels, higher unionization rates will tend to contribute to ________ unemployment rates

The average of the bilateral rate changes for a nation, weighted by the importance of the trading partner, is know as

A) the real exchange rate B) the nominal exchange rate C) the effective exchange rate D) the direct exchange rate

Is there a difference between the "true burden" of a tax and who is legally required to pay a tax? Briefly explain

What will be an ideal response?