Which of the following is not a provision of the Taft-Hartley Act?

a. outlaws the closed shop
b. prohibits union unfair labor practices
c. requires unions to bargain in good faith
d. outlaws striking in support of another union's strike
e. creates the National Labor Relations Board

E

Economics

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Why are consumers in a competitive market considered to be price takers?

What will be an ideal response?

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An effective minimum wage

a. imposes a price ceiling on the wages of various categories of low-skill workers. b. increases the demand for low-skill workers. c. makes it easier for low skill workers to find jobs. d. increases the earnings of some low-skill workers while reducing the employment and training opportunities available to others.

Economics