Which of the following explains the recent decline in union membership in the United States?
a. smaller government safety nets
b. slower technological change
c. the change from a manufacturing to a service-based economy
d. increasing market concentration
e. none of the above
C
Economics
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Wage increases are resisted by firms because they decrease profits
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following will increase the real interest rate?
A) an increase in the supply of loanable funds B) an increase in household saving C) an increase in the demand for loanable funds D) an increase in the budget surplus
Economics