Historically, household debt in the U.S. had been:
A. rising steadily since the Great Depression until the early 2000s, when it accelerated.
B. rising steadily since the Great Depression until the early 2000s, when it declined.
C. fairly constant since the Great Depression until the early 2000s, when it accelerated.
D. fairly constant since the Great Depression until the early 2000s, when it declined.
A. rising steadily since the Great Depression until the early 2000s, when it accelerated.
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Which of the following is not a reason it is harder to unionize in the fast growing service industry? a. Service sector jobs are often in small firms, making it difficult to organize large numbers of employees across the industry. b. Service industry jobs are often standardized, reducing the need for unions to negotiate working conditions. c. Employees in the service sector often work more
closely with management. d. Service industry jobs are more varied, making it harder to negotiate as a group.
We would expect the demand for jeans to be:
A. the same as the demand for clothing. B. more elastic than the demand for clothing. C. less elastic than the demand for clothing. D. neither more elastic, less elastic, nor the same elasticity as that of the demand for clothing.