Some states have passed legislation granting university professors the right to unionize. At some schools, rather than negotiating a rigid wage schedule that applies to all professors, the union has negotiated a set of rules to govern individual wage negotiations between each professor and the university administration. This approach is best described as:

A. Business unionism.
B. Employee empowerment unionism.
C. Social movement unionism.
D. Job control unionism.


Answer: B

Business

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A. realized inflation discount factor. B. future inflation discount factor. C. future-augmented inflation factor. D. past-adjusted inflation factor.

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Indicate whether the statement is true or false.

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