The National Recovery Act

question 79

Multiple Choice

The National Recovery Act

• A) formally guaranteed labor's right to organize and bargain collectively through representatives of their own choosing.
• B) outlawed yellow dog contracts.
• C) was declared unconstitutional in the Schechter case.
• D) was immensely popular throughout the 1930s.
• E) provided for maximum hours and minimum wages.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Price-earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to gauge if a stock is over- or under-valued.

Financial Analysis

The evaluation of a company's financial statements and other financial information to assess its performance, stability, profitability, and liquidity.

Sensitivity Analysis

A technique used to determine how different values of an independent variable impact a particular dependent variable under a given set of assumptions.