Unions have been protected since 1935 by a federal law, the National Labor Relations Act (NLRA), which contains provisions for
(a) elections by workers to choose their bargaining agents.
(b) employers' recognition of union bargaining agents in interstate commerce for union representation and collective bargaining purposes.
(c) arbitration of disputes that cannot be resolved through bargaining.
(d) all of the above.
(d)
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Which of the following is not a reason for the downward slope of the aggregate demand curve?
a. Real balances effect b. Interest-rate effect c. Net exports effect d. Government spending effect
Using the "It's not fair if the result isn't fair" principle of fairness, an income tax designed to transfer wealth from the rich to the poor
A) increases efficiency and equity. B) increases efficiency and does not affect equity. C) decreases efficiency and increases equity. D) decreases efficiency and equity.