Which of the Following Is Correct

question 43

Multiple Choice

Which of the following is correct?

• A)There is consensus among economists that unions are good for the economy.
• B)There is consensus among economists that unions are bad for the economy.
• C)There is consensus among economists that,on net,unions have almost no impact on macroeconomic variables.
• D)There is no consensus among economists about whether unions are good or bad for the economy.

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Definitions:

Increased

A term denoting a situation or quantity that has grown or become larger or greater in size, volume, number, or degree.

Negatively Related

A term describing two variables that move in opposite directions, where an increase in one leads to a decrease in the other.

Slopes Downward

Describes a line or curve on a graph that decreases in value as it moves from left to right, indicating a negative relationship between two variables.

Curve

A line on a graph, which may be curved or straight, that depicts a relationship between two variables.