Which of the following does not describe governmental policy actions that are helpful in supporting growth in an economy? Governmental policies that

A) provide secure rights to private property.
B) establish an independent court system that enforces contracts.
C) facilitate the development of an efficient financial system.
D) avoid playing any role in developing communication systems.

D

Economics

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Unions and employers use collective bargaining to negotiate

a. wages only b. wages and employee benefits only c. employee benefits only d. working conditions only e. wages, employee benefits, and working conditions

Economics

If the price elasticity of demand for a product measures .45,

a. this good has many available substitutes. b. this good must be a nonessential good. c. this good is a high-priced good. d. a decrease in price will increase total revenue. e. this good is demand price inelastic.

Economics