What decade is considered pivotal in the passage of labor reform laws in the United States?

a. 1860s
b. 1900s
c. 1930s
d. 1980s

c. 1930s

Economics

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In the Keynesian model, the difference between no intervention by the government during a recession and intervention using expansionary monetary or fiscal policy is that no intervention will return the economy to its equilibrium level of output

A) faster than intervention will and at a lower price level. B) slower than intervention will and at a higher price level. C) slower than intervention will and at a lower price level. D) faster than intervention will and at a higher price level.

Economics

The above figure shows a payoff matrix for two firms, A and B, that must choose between a high-price strategy and a low-price strategy. For firm B

A) setting a high price is the dominant strategy. B) setting a low price is the dominant strategy. C) there is no dominant strategy. D) doing the opposite of firm A is always the best strategy.

Economics