Craft unions:
A. attempt to organize workers at all skill levels in a firm or industry.
B. have been declared illegal by federal legislation.
C. only organize workers who have a particular skill.
D. attempt to increase the supply of their particular type of labor.
Answer: C
Economics
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An improvement in technology would result in
A) upward shifts of MC and reductions in output. B) upward shifts of MC and increases in output. C) downward shifts of MC and reductions in output. D) downward shifts of MC and increases in output. E) increased quality of the good, but little change in MC.
Economics
Net domestic product is equal to Gross Domestic Product minus
a. indirect business taxes b. depreciation c. personal taxes d. retained earnings e. consumption spending
Economics