Answer:
Option (1) is correct.
Explanation:
The value of imports refers to the amount of goods that are purchased by the residents of the home country from the foreign country. While calculating the gross domestic product (GDP) of a particular nation the value of imports is subtracted from the value of exports of that nation.
The value of imports doesn't contribute towards the domestic production of United States because these goods are produced in the foreign country.
GDP = Consumption + Investment + Government spending + Net Exports
= Consumption + Investment + Government spending + (Exports - Imports)
Answer:
c. would negatively affect producers but positively affect consumers because producers must accept lower prices
Explanation:
In the case of deflation, it negatively impact the producers but on the other side it impact positively to the consumers as the producers are ready to accept at the lower price also
So as per the given situation, the deflation should be fit to the above option
Therefore the other options should be considered irrelevant and hence not considered
Answer:
The correct answers is: Give firms the right to require a worker not to join a union as a condition of employment.
Explanation:
A Yellow-dog contract <u>is an illegal contract that contains employment agreements with the condition that workers could not join labor unions or if they were already in a union, they had to resign their memberships or lose their jobs.</u>
It was believed that employers and their workers should be free to negotiate labor agreements between themselves without interference from the government.
Employers challenged labor union opposition to yellow dog contracts by asserting that the agreements were negotiable and workers were not forced to sign them. According to the unions, few workers who refused to sign the anti-union employment agreements were hired.
<u>In the year 1932, the labor unions managed to get Congress to pass legislation, outlawing yellow dog contracts.</u>
