Microeconomics is often called

A) price theory.
B) decision science.
C) scarcity.
D) resource theory.

A

Economics

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The percentage of U.S. workers in the private sector who belong to unions is currently

A) greater than 50 percent. B) approximately 20 percent. C) approximately 12 percent. D) approximately 8 percent.

Economics

Suppose individuals now believe that there will be a future tax increase. This increase in expected future taxes will cause which of the following to occur in the current period?

A) the LM curve to shift down B) the LM curve to shift up C) the IS curve to shift rightward D) the IS curve to shift leftward E) none of the above

Economics