A Decrease in the Share of the Labour Force That

question 41

Multiple Choice

A decrease in the share of the labour force that is unionized may ________ the degree of wage flexibility,which would put ________ pressure on NAIRU.

• A)increase; upward
• B)increase; downward
• C)decrease; upward
• D)decrease; downward
• E)have no effect on; no

---

Definitions:

Merger Plan

A strategic blueprint for combining two or more companies into a single entity, detailing the legal, financial, and operational steps involved.

Share Exchanges

A process by which companies exchange their own shares with each other, often as a means of acquisition or merger.

Authorized

Having legal or official approval to do something.

Shareholder Approval

The process by which a company's shareholders give consent to certain decisions or actions proposed by the company's board of directors, often requiring a vote.