Phoebe and Rachel Quit Running in Central Park and Join

question 165

Multiple Choice

Phoebe and Rachel quit running in Central Park and join a health club to run on treadmills.This decision

• A)has no effect on GDP.
• B)increases GDP.
• C)decreases GDP.
• D)increases nominal but not real GDP.

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Definitions:

Unfair Labor Practice

Actions by employers or unions that violate the rights of employees or the organization’s rules set by labor relations boards.

NLRB

Stands for the National Labor Relations Board, an independent US federal agency responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

Union Boycotting

A strategy used by labor unions to pressure companies or individuals by discouraging or preventing purchases of products or services.

Supreme Court

is the highest judicial body in a country, tasked with interpreting the constitution, reviewing laws, and resolving legal disputes with its decisions serving as ultimate precedents in legal matters.