A closed shop is an agreement whereby
a. employers promise not to layoff workers during recessions.
b. employees are forbidden from joining a union.
c. employers pledge not to replace workers with machines.
d. employees must join a recognized union as a condition of employment.
d. employees must join a recognized union as a condition of employment.
You might also like to view...
Refer to the scenario above. Which country has the highest income per capita in PPP dollars?
A) Country 1 B) Country 2 C) Country 3 D) Country 4
The law of diminishing marginal utility is consistent with the consumer behavior that produces a negatively sloped demand curve.
Answer the following statement true (T) or false (F)
(Appendix) A daily production function for calculators is Q = 12L2 - L3. Show all your work for the following questions.a) What is the marginal product equation for labor?b) What is the APL function?
What will be an ideal response?
Government policy to reduce unemployment and increase national output can be illustrated by an
A. outward shift of the aggregate demand curve caused by an increase in government spending. B. outward shift of the aggregate supply curve caused by a reduction in government spending. C. inward shift of the aggregate demand curve caused by an increase in government spending. D. inward shift of the aggregate supply curve caused by a reduction in government spending.