Which of the Following Occurs When the Increased Costs and Employee

question 17

Multiple Choice

Which of the following occurs when the increased costs and employee protection caused by unionization lead management to adopt stricter human resource practices?

• A) shock effects
• B) voice
• C) chilling effect
• D) union impact

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Definitions:

Transaction Demand

The demand for money as a medium of exchange, influenced by the level of economic activity.

Branch Banking

The operation of a banking service through multiple branches located in different areas, offering a wide range of services to customers across locations.

States

Individual territorial units constituting a federal union, such as those that make up the United States, each with its own government and a degree of autonomy.

Money Supply

The entire sum of available monetary assets in an economy, comprising cash, coins, and the amounts held in checking and savings accounts, at a specific point.