An In the News article titled "Caterpillar vs. the IAM" describes collective bargaining as
A. Direct negotiations between employers and labor unions.
B. Government intervention to end a strike.
C. Negotiations between workers and labor union organizers.
D. The competition between labor unions for workers.
Answer: A
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Minimum-price laws designed to preserve competition
A) offer the certainty of lower prices in order to eliminate the possibility of higher prices. B) offer the certainty of higher prices in order to eliminate the possibility of higher prices. C) offer the possibility of higher prices in order to eliminate the certainty of higher prices. D) offer the sellers more competition among themselves.
By the late 1950s, dollars held by foreign central banks exceeded the official dollar value of U.S. gold reserves
Indicate whether the statement is true or false