Which of the following is correct?
a. There is consensus among economists that unions are good for the economy.
b. There is consensus among economists that unions are bad for the economy.
c. There is consensus among economists that, on net, unions have almost no impact on macroeconomic variables.
d. There is no consensus among economists about whether unions are good or bad for the economy.
d
You might also like to view...
Banks will never hold any additional reserves beyond what is required
Indicate whether the statement is true or false
Suppose that income taxes are increased by $600 billion. If the marginal propensity to consume is 0.75 and the spending multiplier is 4, by how much will the aggregate demand curve shift at a given price level?
A) $2,400 billion B) $1,800 billion C) $600 billion D) $450 billion