First world leader to impose wage and price controls

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1. Who was the first world leader to impose wage and price controls? A. Franklin Roosevelt B. Hammurabi C. Napoleon Bonaparte D. Julius Caesar

2. Nixon's wage and price control program of 1971 A. was largely supported by organized labor. B. was voluntary, bit compliance was encouraged. C. was mandatory. D. triggered walk-outs and strikes by labor unions nationwide.

3. Industry payments for nonwage economic benefits, as a percentage of total payroll, over the last 20 years have A. decreased slightly. B. increased rapidly. C. decreased substantially. D. remained the same.

4. In addition to being orderly and efficient, the grievance procedure can be regarded as a means for A. establishing a collective bargaining agreement. B. producing labor/management conflict. C. obtaining a better climate for labor relations. D. defeating one side or the other.

Reference no: EM132222827

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