Under NAFTA, labor disputes and issues will be dealt with by the:
a. U.S. Department of Labor.
b. North American Agreement on Labor Cooperation.
c. National Labor Relations Board.
d. U.S. Department of Justice.
Ans: b. North American Agreement on Labor Cooperation.
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Refer to Figure 24-4. Given the economy is at point A in year 1, what is the inflation rate between year 1 and year 2?
A) 0.9% B) 1.8% C) 2.7% D) 3.0%
Recall the Application about growth in China and India to answer the following question(s). From 1978 to 2004, China grew at a rate of 9.3 percent per year and India grew at a rate of 5.4 percent per year.According to this Application, China's GNP per capita and India's GDP per capita are ________ U.S. GNP per capita.
A. now greater than B. still significantly less than C. now equal to D. within 5 percentage points of