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When a union bargains successfully with an employer, which of the following happens to unemployment and wages in that industry?
Controlling Shareholders
Individuals or entities that own a majority of a corporation's shares, giving them significant influence over its operations.
Close Corporation
A corporation with few shareholders generally having a close personal relationship to each other and participating in the management of the business.
Surplus Revenues
Funds that exceed the expected or required amounts, often discussed in the context of governmental or organizational budgets.
Not-for-Profit Corporations
Organizations that operate for purposes other than making a profit, often focused on charitable, educational, or social missions.
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