The table above gives the production and prices for a small nation that produces only bread and soda. The base year is 2009. What is nominal GDP in 2009?

A) $410
B) $450
C) $900
D) $550
E) $460

B

Economics

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The source of power for a labor union is its ability to

a. increase the supply of labor b. decrease the demand for capital c. increase the quantity supplied of labor d. decrease the quantity supplied of labor e. decrease the supply of labor

Economics

A craft union attempts to increase wage rates by:

A. equating the MRP and the MRC curves. B. shifting the labor supply curve to the left. C. shifting the labor supply curve to the right. D. shifting the MRP curve to the right.

Economics