Exam 16: Applying the Basics: Special Topics in Economics

The share of the labor force that was unionized increased from 7.4 percent in 1930 to more than 30 percent in 1955. During these 25 years, the share of national income allocated to labor (in contrast to capital)

Which of the following would reduce the risk of an investment in the stock market?

According to the data, was the stock-market crash of 1929 the primary cause of the Great Depression?

The share of the labor force that was unionized increased from approximately 10 percent in 1930 to more than 30 percent in 1955. During these 25 years, the share of national income allocated to labor (in contrast to capital)

Which of the following best explains why the Social Security system will face financial difficulties in the future?

How have the size and functions of government in the United States changed during the last century?

Which of the following would help control the future growth of healthcare prices and expenditures?

A shortfall of tax revenues at current rates relative to promised benefits for a government program is called

Which of the following has been raised as a criticism of school voucher programs?

Since 2002, the Fed has shifted to expansionary monetary policy, then to restrictive policy, and then back to expansionary monetary policy. Policy shifts of this type are most likely to

Which of the following is not a cause of the decline in unionization in the United States?

The fish in the ocean are

In a strike, what does the union have to lose? What does management lose?

When employment discrimination results from the personal prejudices of employers, economic theory suggests that

Under the current structure of Medicare, the movement of the baby boom generation into the retirement phase of life during the years following 2011 will

The Smoot-Hawley trade bill of 1930, designed to save jobs and increase revenue for the federal government, resulted in

An analysis of housing prices between 1987 and 2008 indicates that prices

Spending per pupil is higher in the United States than in

Relative to the general index of consumer prices, medical-care prices have

Which of the following is true?