When unions and management fail to reach agreement and the public interest is compromised, the government may require the union and management to undertake mediation.
Answer the following statement true (T) or false (F)
True
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The effectiveness of direct controls on pollution depends on: (i) the budgets and enthusiasm of the regulatory bodies; (ii) sufficiently strong statutory penalties.
A. i and ii B. i but not ii C. ii but not i D. neither i nor ii
For a given increase in supply, the condition of demand that will result in no change in quantity is when demand is
A. perfectly inelastic. B. perfectly elastic. C. inelastic. D. elastic.
Assuming the free flow of capital across borders, if country A wants to fix its exchange rate with country B, then:
A. country A's monetary policy will not be able to be used to address domestic issues. B. country A's monetary policy must be conducted so the inflation rate in country A matches the inflation rate in country B. C. country A's inflation rate will have to match country B's. D. all of the answers given are correct.
Nondiversifiable risk refers to potential losses from:
A. random fluctuations in specific stocks. B. bad company policies. C. portfolio management fraud. D. events that move all investments in the same direction.