If Henry, a perfectly competitive lime grower in Southern California, can sell his limes at a price greater than his average total cost, Henry will

In the United States, the long-run inflation target is ________

A) undisclosed B) currently set at 7% C) currently set at 2% D) currently set at minus 1%

Unions are less likely to strike today than in the past because

a. employers are more willing to hire strike breakers b. fewer workers, both union and nonunion, are willing to cross picket lines c. most workers in the U.S. cannot permanently lose their jobs d. real wages have increased over the last 20 years e. many high-profile strikes (e.g., Caterpillar) have resulted in union victories