If an economist were to disregard unionized government employees, then current U.S. labor market statistics would show that _________
a) 10% of the workers employed by private firms work for a union.
b) 80% of the workers employed by private firms aren't unionized.
c) 8% of the workers employed by private firms work for a union.
d) 98% of the workers employed by private firms aren't unionized.
Answer: c) 8% of the workers employed by private firms work for a union.
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If the interest rate is 7 percent on euro-denominated assets and 5 percent on dollar-denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, the expected return on ________-denominated assets in terms of ________ percent
A) dollar; euros is 3 B) euro; dollars is 1 C) dollar; euros is 9 D) euro; dollars is 11
Many college football teams require a "donation" in order to purchase season tickets. This is
A) price gouging. B) a tie-in sale. C) two part pricing. D) anti-competitive behavior.