Answer the following statements true (T) or false (F)
1. In the U.S., collective bargaining agreements are legally binding contracts.
2. In the U.S., the typical duration of a collective bargaining agreement is 1 year.
3. The process of collective bargaining in U.S. labor relations has the goal of producing a legally binding, written contract that specifies wages and many other terms of employment.
4. Union bargaining committees are usually appointed by the national labor federation.
5. To determine its priorities in negotiations, a labor union will usually conduct a survey of its members to identify common goals and concerns.
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. TRUE
You might also like to view...
Executional frameworks are a component of a MECCAS model
Indicate whether the statement is true or false
Suppose another breakthrough in computer technology greatly increases total factor productivity. Explain how this would affect aggregate supply, output, and the price level in the short run and the long run.
What will be an ideal response?
All of the following are used in estimating a depreciable asset's useful life except
a. the asset's present condition. b. the useful life required by the government for tax purposes. c. experience with similar assets. d. current technology and industry trends.
The capital provided by common shareholders during the period include(s):
a. the average par value of common stock. b. capital contributed in excess of par value on common stock. c. retained earnings. d. other common shareholders' equity accounts. e. all of the above.