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1. The Labor Management Reporting and Disclosure Act was created in an effort to protect union leaders and members from illegal practices committed by their employers.
True
False
2. The ultimate power of a union is the willingness of its members to __________ if no agreement is reached during negotiations.
work at a lower production rate
strike
collectively bargain
sabotage company
3. Which of the following has not contributed to growing income inequality?
immigration
growth in the number of high-tech jobs
growth in executive pay
growth in the number of college graduates
4. The dual labor market hypothesis proposes that jobs in the secondary market have high wages, good working conditions, and chances of advancement.
5. Since younger people have longer earning horizons, they are more likely to invest in human capital and education.
Health capital decisions: What would happen to desired level of health capital if there is an increase in educational attainment? Please use the “supply and demand” type graph. Make sure to explain the graph and answer fully.
According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. In offering such training programs, is a company violating the optimality rule?
Demonstrate and discuss the effects of imposing a new industry-wide minimum safety standard. Under what circumstances might such a minimum safety standard leave at least some workers better off than they were before government intervention?
What is the Institutionalist s theory regarding the instrumental and ceremonial aspects of production and distribution in Political Economy? Note: a discussion of the Veblenian dichotomy, and how it fits into the theory of distribution and production..
Write a paper discussing your current global mind-set, global knowledge, and global work skills based on the assessment. In your discussion, please explain how your attitudes, emotional intelligence and perceptions influenced your scores.
Explain the concept of opportunity cost as related to the doctor in the Khan Academy video who gave up his profession to open a business.What other factors do you think the doctor may have considered when he decided to leave his profession to open a ..
Many companies choose to incorporate in the tiny state of Delaware because __________.
Suppose you contribute $10 per week ($520 per year) into an interest-bearing account that earns 6% a year (compounded once per year). That’s probably one less pizza per week! But if you contribute faithfully each week into this account, how much mone..
a rolls-royce case studyintroduction no business today operates in a complete vacuum unaffected by market forces. by
Illustrate what would be the most optimal number of spaces, and Illustrate what are these corresponding prices.
Why are fiscal policies problematical? How are budget deficits related to the national debt?
Discuss how important it is to you that your organization’s workplace values are in accordance with your own values. What are the dangers of a disconnection between workplace values and individual values?
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