The failure of the Knights of Labor to bring about structural change in the U.S. economy and society was mainly due to
a. the disruptive activities of detective agents hired by employers
b. its inability to convince its own members of the importance of these wider goals
c. its failure to represent the less-skilled industrial workers
d. its excessive focus on craft unions
e. its limited membership
B
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A supply curve that is upward sloping means that:
A) demand is being ignored. B) consumers will buy less at lower prices. C) suppliers will want to sell more at higher prices. D) suppliers will want to sell less at higher prices.
If the price of inputs rises and personal income taxes rise:
a. Price index rises, and the change in real GDP is uncertain. b. Price index falls, and real GDP rises. c. Price index falls, and real GDP falls. d. Price index falls, and the change in real GDP is uncertain. e. The change in price index is uncertain, and real GDP falls.