A right-to-work law makes it illegal

A) to prevent union members from working in any firm.
B) to fire a worker who has joined a union or who tries to organize a union at any firm.
C) to inquire whether a prospective employee is a member of a union or not.
D) for union membership to be a requirement for continued employment in any firm.


Answer: D

Economics

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Structural unemployment exists because

A. workers may not be willing to accept jobs at the going wage rate. B. of fluctuations in economic activity. C. technological changes make the skills of the workers incompatible with the skills used on the job. D. it takes time for people seeking jobs and employers seeking workers to find each other.

Economics

Which of the following statements best describes financial markets?

A. Financial markets today offer fewer instruments than they did in the past. B. Financial markets are a good example of unregulated markets. C. Financial markets increase the speed of buying and selling, but they also increase the cost since people are earning fees for these transactions. D. Financial markets lower the cost and increase the speed of buying and selling financial instruments.

Economics

Which statement is the most accurate?

A. When we talk about big business in the U.S., we're talking about oligopoly. B. All oligopolists are very large firms. C. Oligopolists produce at the minimum points of their average total cost curves. D. It is impossible to lose money under oligopoly.

Economics

The Nasdaq Composite Index is:

A. made up of over 50,000 firms traded on the Over-the-Counter market. B. the most broadly based index in use. C. a price-weighted index. D. made up of mainly newer firms, and heavily influenced by technology and internet companies.

Economics