« previous next »

Author Question: Nominal gross domestic product (GDP) is a better measure of growth in production than real GDP. a. ... (Read 90 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Nominal gross domestic product (GDP) is a better measure of growth in production than real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Describe the two basic strategies of unions in increasing wage rates for their members.


zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

Increasing demand or decreasing supply of workers would increase the wages for members of a union. Featherbedding, licensing requirements, long apprenticeships are among some of the tactics to accomplish this.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

The rapid speed of cAMP production The rapid speed of cAMP production
Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d
Arabidopsis plant growth is affected by touch. Arabidopsis plant growth is affected by touch.
Growth hormone disorders. Illustration of a pituitary giant and a pituitary dwarf, both adults of ab Growth hormone disorders. Illustration of a pituitary giant and a pituitary dwarf, both adults of ab
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library