Examlex

Solved

During the 1990s,investment Expanded Quite Rapidly and Stock Prices Rose

question 14

Essay

During the 1990s,investment expanded quite rapidly and stock prices rose dramatically.How do you think a classical/real business cycle proponent would explain this boom? How would a Keynesian/new Keynesian explain this boom?


Definitions:

Taft-Hartley

Refers to the Taft-Hartley Act, a 1947 federal law that restricts the activities and power of labor unions in the United States.

Wagner Act

A foundational statute in United States labor law that protects the rights of workers to form unions and engage in collective bargaining.

Wagner Act

Also known as the National Labor Relations Act of 1935; a foundational statute of United States labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Collective Bargaining

The process by which employers and unions negotiate the terms of employment, including wages, hours, and working conditions.

Related Questions