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.
Eating a house sparrow.
Buying a Telescope
Continental Drift—An Early Idea
Unemployment and Federal Action, 1929–1941
Infants often rely on a caregiver as a secure base when they meet a new person.
This father is serving as a secure base for his infant.