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Economics

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Litzy Jaskolski

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2y ago
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Cards in this guide (14)
What explains why globalization has led to wage cuts in some jobs in the United States
What best explains the purpose of a strike

To get employers to submit to collective bargaining.

What are the restriction on both workers and producers that keeps the labor market from being a completely free market

the minimum wage.

Because labor is a commodity wages are affected by what

SUPPLY AND DEMAND for particular skills or work quality, among other factors.

Best explains the purpose of protectionist trade policies such as tariffs and subsidies

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Which of the following is one potential effect of an increase in the mortgage interest rates

Some people could be priced out of buying a home.

What best explains why collective bargaining increases the bargaining power for workers

Its difficult to replace the entire workforce

What best explains why the demand for housing is more flexible than the supply of housing

people can move more easily than producers can build new homes

Put the steps in chronological order that a company goes through to make an initial public offering.

life

Match each type of policy with the example that best fits its definition. A. Protectionist policy The government goes into debt to buy a large number of vehicles for the military. B. Fiscal policy The

Pro-

What Best explains the effect of immigration in the labor market

Immigration increases the supply of labor

What if the following describes a situation in which there would be a decreasing marginal utility

Buying a second winter coat.

What of the following best explains why treasury bonds have an effect on the size of the money supply

The Federal Reserve Bank can buy and sell these bonds to raise or lower bank deposits. APEX

Which of the following is an example of monetary policy

The government restricts the amount of money that banks can lend.

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