Which of the Following Best Explains Why Provincial Governments Are

question 29

Multiple Choice

Which of the following best explains why provincial governments are tending to move away from arbitration except in disputes involving clearly essential workers?

• A)Arbitrators' awards will be excessively costly.
• B)Most provincial government officials have long believed that their employees should have the right to strike.
• C)There is confusion as to the real meaning of the so- called "narcotic effect" of conventional arbitration.
• D)Arbitrators take too long to resolve cases.
• E)Governments believe they have little say in the arbitration process.

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Definitions:

Correlation Coefficient

A statistical measure that calculates the strength and direction of the relationship between two variables or assets.

Diversification

A risk management technique that mixes a wide variety of investments within a portfolio to minimize the impact of any single asset's performance.

Negatively Correlated

Refers to two variables that move in opposite directions, meaning when one variable increases, the other decreases, and vice versa.

Positively Correlated

A relationship between two variables in which they move in the same direction, meaning as one variable increases, the other also increases.