Author Question: Buying a house during a recession may be a good idea if your job seems secure because the Federal ... (Read 34 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
Buying a house during a recession may be a good idea if your job seems secure because the Federal Reserve often lowers interest rates during a recession.
 
  Indicate whether the statement is true or false

Question 2

A number of economists have estimated the impact of unionization on workers' wages. Which of the following is one conclusion reached by these studies?
 
  A) Holding constant the impact of other factors that affect wages, being in a union has no impact on a worker's wages.
  B) Being in a union increases a worker's wages by about 10 percent, holding constant other factors that influence wages.
  C) Union workers earn less than they would if they were not unionized. This is because of the impact of workers' strikes, during which union members do not receive wages.
  D) The share of national income received by workers has increased significantly over time; unions have been responsible for about one-half of the increase in workers' share of national income from the end of World War II to 2000.


ally

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library