Each of the Following Statements About Lockouts Is True Except

question 86

Multiple Choice

Each of the following statements about lockouts is true except that

• A)they put pressure on the union negotiating team to agree to the terms and conditions offered by management.
• B)they are legally permissible in only a few Canadian jurisdictions.
• C)they can damage an organization's public image.
• D)they may have a negative impact on nonstriking employees.
• E)lockouts are not a widely used strategy in Canada.

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Definitions:

GDP Deflator

A gauge for assessing the price rates of all new, locally manufactured, end goods and services in a country, applied to recalibrate nominal GDP to real GDP.

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), providing a more accurate reflection of an economy's size and how it’s growing over time.

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to convert nominal GDP into real GDP.

Deflation

A decrease in the general price level of goods and services, often indicating reduced consumer demand or excess supply.