The founder of the American Federation of Labor was
A) John L. Lewis.
B) Samuel Gompers.
C) Walter Reuther.
D) Ralph Nader.
B
Economics
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Which of the following statements is true?
A) An increase in potential GDP increases aggregate supply and shifts the AS curve leftward. B) A decrease in potential GDP decreases aggregate supply and shifts the AS curve leftward. C) An increase in the money wage rate shifts the AS curve rightward. D) A fall in the price level shifts the AS curve leftward. E) An increase in the money wage rate increases potential GDP.
Economics
Explain what is meant by “derived demand” as it relates to factors of production.
What will be an ideal response?
Economics