According to your textbook authors, what explains the dramatic decline in the U.S. poverty rate since the 1960s?
A) The power of labor unions
B) Steady economic growth
C) Increases in the minimum wage
D) The growth of in-kind government transfers
E) The growth of government welfare assistance paid in money
B
Economics
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The U.S. labor movement started with
A) aerospace workers unions. B) industrial unions. C) craft unions. D) depression unions.
Economics
A competitive market is characterized by
a. the absence of entry barriers b. many buyers with a single seller c. imperfect information d. a differentiated product
Economics