A(n) Strike Occurs When the Unionized Workers of One Employer

question 1

Multiple Choice

A(n) strike occurs when the unionized workers of one employer go on strike to force their employer to exert pressure on another employer with which the union has a dispute.

• A) jurisdictional
• B) unfair labor practice
• C) economic
• D) secondary

---

Definitions:

Aggregate Demand

Full economic demand for all types of goods and services, calculated at a unified price level throughout a chosen period.

Price Level

The summarised price average of every good and service within the economic domain.

Output Levels

Output levels refer to the quantity of goods and services produced by an economy or firm during a specific period.

Recessionary Gap

A situation in which the real GDP of an economy is lower than its potential GDP at the full employment level, indicating underutilized resources.