A given change in disposable income would have the greatest effect on consumption with which of the following marginal propensities to consume?
a. 0.4
b. 0.6
c. 0.8
d. 0.2
c
Economics
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Which of the following is one possible explanation for the change in the natural rate of unemployment in the United States during the 1970s?
A) contractionary fiscal policy B) an increase in the proportion of labor contracts that were indexed C) contractionary monetary policy D) all of the above E) none of the above
Economics
Unions whose membership is confined to workers with a particular skill are known as
a. industrial unions b. limited unions c. regional unions d. craft unions e. inclusive unions
Economics