How Did the National Labor Relations Act (Wagner Act) Influence

question 33

Multiple Choice

How did the National Labor Relations Act (Wagner Act) influence the labor movement?

• A) It guaranteed collective-bargaining rights.
• B) It permitted closed shops.
• C) It outlawed the practice of blacklisting union leaders.
• D) It created the National Labor Relations Board.
• E) All of these choices

Understand the characteristics of bonds.

Explain how bonds are priced and the factors influencing their market value.

Recognize how the contractual interest rate impacts the selling price of bonds.

Understand the concept of indirect political risk.

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Definitions:

Primary Reinforcer

A stimulus that satisfies a basic biological need and does not require learning to be effective, such as food or water.

Basic Physical Need

A basic physical need refers to fundamental requirements for human survival, such as food, water, shelter, and sleep.

Discriminative Stimulus

A stimulus in the presence of which a particular response is reinforced, and in the absence of which that response is not reinforced, in the context of operant conditioning.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.