Author Question: For a monopsonist, the supply of labor facing the firm is: a. an insignificant portion of the ... (Read 58 times)

leilurhhh · **on:** Jun 30, 2018

For a monopsonist, the supply of labor facing the firm is:
a. an insignificant portion of the market supply.
b. perfectly horizontal.
c. downward sloping.
d. the summation of each firm's demand for labor.
e. identical to the supply curve facing the market.

Question 2

Which of the following was a successful application of fiscal policy in the United States?
a. Roosevelt's strategy in combating the Great Depression
b. The tax cut of 1964
c. The temporary tax surcharge of 1968
d. The battle against stagflation during the 1970s
e. The large tax cut of 1981