Which of the following is correct?
a. Union membership in the United States peaked in the 1940s and 1950s.
b. Unions play a larger role in the United States than in European countries such as Belgium, France, and Germany.
c. Because of the popularity of unions, most workers in the United States discuss their wages, benefits, and working conditions with their employers as a group.
d. Collective bargaining is the process by which unions negotiate membership dues with the National Labor Relations Board.
a
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The fact that trade policy often imposes harm on large numbers of people, and benefits only a few may be explained by
A) the lack of political involvement of the public. B) the power of advertisement. C) the problem of collective action. D) the basic impossibility of the democratic system to reach a fair solution. E) a cycle of political corruption.
A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountant's estimate of total costs to be higher or lower than an economist's estimate? Explain