All of the following have played a role in reducing union strength since 1970 except
a. rising service sector employment.
b. foreign industrial competition.
c. the Supreme Court's decision to apply antitrust laws to union organization efforts.
d. "right-to-work" laws.
c. the Supreme Court's decision to apply antitrust laws to union organization efforts.
.
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Which of the following is not an adjustment made when comparing standards of living across countries?
A. Converting each country's GDP into U.S. dollars B. Dividing each country's GDP by the size of its population C. Adjusting for different price levels across countries D. Adjusting for different unemployment rates across countries
If Lily's consumption function is of the form [C = 100 + 0.8Y], her saving equals zero at an income level of
A. 180. B. 500. C. 800. D. cannot be determined from the given information.