All but Which One of the Following Statements Is Largely

question 34

Multiple Choice

All but which one of the following statements is largely or completely false?

• A)Unions are irrelevant in the "just in time" workplace.
• B)Most workplaces are so safe that unions' continuing efforts in health and safety are redundant.
• C)Unions may need to change the approach they take to organizing and representing people in the workplace.
• D)Unions aren't needed today because most workers are very well- paid.
• E)Unions are no longer needed because management practice is generally enlightened,and few workers are abused.

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Definitions:

Samuelson's Theory

Refers to economist Paul Samuelson's contributions to economic theory, including insights on public goods, trade, and welfare economics.

Public Expenditure

Government spending on the provision of goods, services, and infrastructure to the public.

Public Good

Services or commodities provided to all societal members without a fee, by the government or a private organization, not for profit.

Tiebout Hypothesis

An efficient mix of public goods is produced when local land/housing prices and taxes come to reflect consumer preferences just as they do in the market for private goods.