A jurisdictional dispute is a
A) strike by a union in sympathy with another union's strike or cause.
B) dispute involving two or more unions over which should have control of a particular jurisdiction.
C) business enterprise in which employees must belong to the union before they can be hired and must remain in the union after they are hired.
D) legal environment in which businesses may hire nonunion members conditional on their joining the union by some specified date after employment begins.
B
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The purchase of Treasury securities by the Federal Reserve will, in general,
A) increase the quantity of reserves held by banks. B) decrease the quantity of reserves held by banks. C) not change the money supply. D) not change the quantity of reserves held by banks.
Which of the following is considered an advantage of a sole proprietorship?
A) easy to raise large sums of capital B) limited liability for owner C) profit taxed only once D) permits effective specialization