Economies of scale can be caused by all of the following except
a. price discounts for large scale purchases
b. labor specialization
c. use of more productive equipment
d. increases in the firm's average total cost
e. more cost-efficient methods of marketing
D
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The primary deficit is
A) government spending minus interest on the debt. B) government spending minus net tax revenues. C) government spending plus interest on the debt minus net tax revenues. D) government spending plus net tax revenues minus interest on the debt. E) interest on the debt minus net tax revenues.
The majority of union members in the United States belong to unions that are:
A. affiliated with the United Workers of America (UWA). B. affiliated with the AFL-CIO. C. independent unions that are not affiliated with the AFL-CIO. D. growing rapidly in membership.