The president of the United States can obtain a court injunction that will stop a strike for an 80-day "cooling-off"period if the strike is expected to imperil national safety or health. This power is granted in the
A) Wagner Act.
B) Landrum-Griffin Act.
C) National Industrial Recovery Act.
D) Taft-Hartley Act.
Answer: D
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Explain the productivity curve and how the components interact
What will be an ideal response?
Government stabilization policy
a. cannot influence investment spending. b. can stimulate aggregate demand and thereby induce businesses to invest, but the amount is not totally predictable. c. can stimulate aggregate demand, but investment spending will not be affected. d. can stimulate aggregate demand, but only in the long run.
A situation where quantity demanded exceeds quantity supplied is called a(n) ______.
a. substitution b. equilibrium c. shortage d. surplus
"The problem of getting people to buy car insurance is best solved by the market." This belief belongs to which type of economist?
A. Behavioral B. Traditional C. Keynesian D. Modern