If a Good Is Scarce

question 21

Multiple Choice

If a good is scarce,

• A) there will be shortages of it if the good is rationed by markets.
• B) the good will have a price in a market setting.
• C) there will be enough of the good freely available from nature to satisfy the human desire for it.
• D) all of the above are true.

Analyze the relationship between economic conditions and the frequency of strikes.

Recognize the historical peak periods of unionization in the United States and factors affecting union density.

Identify the legal and social constraints on unions, including specific laws that have shaped union activities.

Examine the effects of globalization on American labor force and unions.

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Definitions:

Venipuncture

The process of puncturing a vein with a needle to withdraw blood or administer medication.

Aneurysm

An abnormal bulge or ballooning in the wall of a blood vessel, which can be life-threatening if it ruptures.

Diastole

The stage of the cardiac cycle during which the heart muscle relaxes, permitting the chambers to be filled with blood.

SA Node

The sinoatrial node, a group of cells in the right atrium of the heart that generates the electrical impulses initiating the heart's rhythm.