Which of the following is a possible benefit of labor unions?
A. It may facilitate a smooth relationship between labor and management.
B. It may provide workers an intermediary to discuss job issues with managers.
C. It may lead to an increase in productivity.
D. All of these
Answer: D
You might also like to view...
In 2009, the interest rate fell below 1 percent in the United States. As a result, there was a
A) leftward shift in the supply of money curve. B) movement upward along the money supply curve. C) movement downward along the demand for money curve. D) movement upward along the demand for money curve. E) rightward shift in the demand for money curve.
Prior to the Uruguay Round agreement, the GATT was criticized because
A) it had no mechanism for enforcing its rules. B) prominent segments of world trade, including trade in agriculture and services, were not covered by GATT rules. C) member countries could veto GATT rulings not in their interests. D) All of the above.
When comparing the velocity of M2 (V2), with the velocity of M1 (V1), the evidence shows that V2 has been __________ and V1 has been __________ over time
A) relatively stable; relatively stable B) relatively stable; relatively unstable C) relatively unstable; relatively stable D) relatively unstable; relatively unstable
Suppose the local market for legal services has an upward sloping supply curve, PL = 150 + 0.0001QL where PL is the price of legal services and QL is the number of hours of legal services
If the equilibrium price of legal services is $250 per hour, what is the aggregate economic rent earned by lawyers in this market? A) $50,000 B) $1,000,000 C) $50,000,000 D) $100,000,000