Which of the following statements is TRUE?
A) The voting power of a nation in the International Monetary Fund is determined by its quota subscription.
B) The voting procedure in the International Fund is determined by the World Bank.
C) The voting power of a nation in the International Monetary Fund is called special drawing rights.
D) All nations that belong to the International Monetary Fund have equal voting power.
A
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When a monopolistically competitive firm is in long-run equilibrium: a. the demand curve will be perfectly elastic. b. marginal cost must be falling
c. price exceeds marginal cost. d. marginal revenue exceeds marginal cost.
Craft unions:
A. attempt to organize workers at all skill levels in a firm or industry. B. have been declared illegal by federal legislation. C. only organize workers who have a particular skill. D. attempt to increase the supply of their particular type of labor.