Which of the following describes a labor union in the furniture industry?
a. The Skills I class covered proper milling, planning, saw work, and joinery.
b. The group voted to accept a contract that raised hourly pay rates to $29.00.
c. Employees received discounts at the company’s tool and supply retail outlet.
d. The board voted to buy a rival table maker in an effort to gain market share.
b. The group voted to accept a contract that raised hourly pay rates to $29.00.
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The In the News article titled "Great Recession Officially Ended Last Year" came out over a year after the recession was statistically declared over. Which of the following obstacles does this article address?
A. Implementation problems. B. Measurement problems. C. Design problems. D. Goal conflicts.
When the term "price" is used in the law of demand, price refers to
A. the dollar price of the good. B. the absolute price of the good. C. the nominal price of the good relative to its nominal price in the previous year. D. the price of the good relative to the price of another good.