The Experience of the Teamsters in the Late 1970s and Early

question 183

Multiple Choice

The experience of the Teamsters in the late 1970s and early 1980s suggests that

• A) there are few restraints on the ability of a strong union to increase the wages of its members.
• B) product market competition with goods made from (or services provided by) nonunion labor significantly limits the ability of a union to get increased wages for its members.
• C) higher wages tend to stimulate aggregate demand, which makes it easier for a union to gain still higher wages.
• D) wages are established by the relative skill of union and management negotiators, independent of market conditions.

---

Definitions:

Probation

A trial period during which a new employee's performance and suitability for a position are evaluated by their employer, or a judicial sentence that allows an offender to remain in the community under supervision instead of serving time in prison.

Reorder Inventory

The process of restocking products or materials in business operations to maintain an adequate supply level.

Non-Programmed Decision

A decision made in response to situations that are unique, poorly defined, and largely unstructured, often requiring creative problem-solving.

Tuition Reimbursement

An employee benefit where an employer pays back employees for the cost of furthering their education as it relates to their job or career advancement.