Which of the following is a possible benefit of labor unions?
A. It may facilitate a smooth relationship between labor and management.
B. It may provide workers an intermediary to discuss job issues with managers.
C. It may lead to an increase in productivity.
D. All of these
Answer: D
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If someone you know offers far more to hire you to work for than you could ever have imagine, the opportunity cost of working for yourself would rise
a. True b. False Indicate whether the statement is true or false
An increase in incomes in other countries, other things equal, would tend to cause U.S
a. exports to decrease and imports to increase. b. exports to increase and imports to increase. c. imports to decrease and exports to decrease. d. imports to increase and exports would remain unchanged. e. imports to remain unchanged and exports to increase.