Compared to the Size of GDP in 2014, the Net

question 202

Multiple Choice

Compared to the size of GDP in 2014, the net national debt was approximately

• A)10 percent as large.
• B)33 percent as large.
• C)60 percent as large.
• D)about twice as large.

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Definitions:

Decertification

The process by which a labor union is removed as the representative of the employees in a bargaining unit, typically through a vote by the employees.

Bargaining Agent

A labor union or individual representative designated to negotiate employment terms on behalf of a group of employees.

Closed-shop Agreement

A labor agreement requiring employees to be members of a union as a condition of employment, typically illegal in the U.S. under the Taft-Hartley Act.

Resistance Point

The maximum point of opposition or pushback in negotiations or discussions.