The Civil Rights Act of 1964 was designed to protect workers from institutionalized union power that resulted in racial and sexual discrimination

The law of diminishing marginal utility implies that the marginal utility of my fifth hot dog is less than the marginal utility of my second soda, other things constant

a. True b. False Indicate whether the statement is true or false

Suppose that an economy's labor productivity fell by 3 percent and its total worker-hours remained constant between year 1 and year 2. We could conclude that this economy's:

A. real GDP declined. B. capital stock increased. C. production possibilities curve shifted outward. D. actual production moved from one point to another on a fixed production possibilities curve.