Why is the Clayton Act of 1914 considered to have been favorable to the interests of organized labor?
(a) It restricted the application of the Sherman Antitrust Act and excluded labor unions from it.
(b) It legalized collective bargaining for the first time.
(c) It declared labor to be an article of commerce.
(d) It forbade the use of injunctions by the courts to stop strikes.
(a)
Economics
You might also like to view...
When a bank takes money that you put in your checking account and gives it to someone else, at a cost, for a period of time, it is said to be
A) making a loan. B) making a deposit. C) internalizing an externality. D) creating commodity money.
Economics
If the nominal rate of interest is 2 percent, and the expected inflation rate is -10 percent, the real rate of interest is
A) 2 percent. B) 8 percent. C) 10 percent. D) 12 percent.
Economics