Which of the following organizations is a powerful union in the public sector?
a. American Medical Association (AMA)
b. National Education Association (NEA)
c. National Rifle Association (NRA)
d. United Automobile Workers (UAW)
b. National Education Association (NEA)
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A bird flu epidemic causes many people to flee the country, but does not affect labor demand significantly because almost all the goods produced within the country are exported. What happens to current employment and the real wage rate?
A) Both employment and the real wage rate would increase. B) Both employment and the real wage rate would decrease. C) Employment would increase and the real wage would decrease. D) Employment would decrease and the real wage would increase.
Karl Marx's massive work, titled Das Kapital, was published in 1848
a. True b. False Indicate whether the statement is true or false