Examlex
What does the typical union authorization card do? How would the passage of the Employee Free Choice Act change authorization cards?
Binding Price Floor
A price floor set above the equilibrium price, causing a surplus because the quantity supplied exceeds the quantity demanded.
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time frame.
Government Policy
The set of laws, guidelines, regulations, and actions adopted by a government to influence economic or social outcomes within the country.
Price Control
Government-imposed limits on the prices that can be charged for goods and services, typically used to curb inflation or prevent shortages and surpluses.
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