According to the real business cycle model,
A) increases in aggregate demand do not affect GDP.
B) increases in aggregate demand lower the price level.
C) increases in aggregate demand lower GDP.
D) increases in aggregate demand raise GDP.
A
Economics
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In the above figure, which wage rate yields the highest union employment?
A) W1 B) W2 C) W3 D) W2 - W1
Economics
Which of the following statements presents inaccurate information about the early U.S. labor movement?
a. Courts in the early 19th century often found unions guilty of conspiracy. b. Unskilled factory workers were the primary beneficiaries of early labor gains. c. In the 1820s and 1830s, small craft societies began to coalesce to form larger unions. d. Early unions experimented with collective bargaining, strikes and closed shops.
Economics