The Monetary Approach Contends That,under a Fixed Exchange Rate System,an

question 87

True/False

The monetary approach contends that,under a fixed exchange rate system,an excess supply of money leads to a trade surplus.

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Definitions:

Wagner Act

Also known as the National Labor Relations Act of 1935, it is a foundational statute of US labor law that guarantees the right of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Unfair Labor Practices

Actions by employers or unions that violate workers' rights or the legal rules governing labor relations.

Exclusive Representation

The legal right of a chosen union to represent all employees in a bargaining unit in negotiations with the employer, regardless of whether every employee is a union member.

Wagner Act

Another name for the National Labor Relations Act of 1935, which established the legal right for workers to join unions and engage in collective bargaining in the United States.