Unions tend to ________ import restrictions and ________ a higher minimum wage
A) favor; favor
B) favor; oppose
C) oppose; favor
D) oppose; oppose
A
Economics
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The primary source of shocks to potential output and long-run supply for real business cycle theorists is ________
A) changes in the money supply B) a change in the price of complements C) a change in any of the components of aggregate demand D) shocks to productivity
Economics
The demand for labor curve bends backward whenever the income and substitution effects work in opposite directions
a. True b. False
Economics