The process by which union and management representatives negotiate a mutually agreeable contract specifying wages, benefits, and working conditions is called

a. collective bargaining
b. mediation
c. arbitration
d. striking
e. litigation

A

Economics

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Supply and demand shocks are two different categories of

a. fiscal shocks. b. monetary shocks. c. tax shocks. d. spending shocks. e. commodity shocks.

Economics

Assume a study indicates that attending an SAT preparation class improved average SAT scores by 200 points. If the null hypothesis is true and the p-value for the 200 point SAT score improvement is 0.015, then there is a ________ chance of improving your SAT score by 200 points.

A. 0.3% B. 1.5% C. 3% D. 15%

Economics