A Constraint on Union Effectiveness Is

question 101

Multiple Choice

A constraint on union effectiveness is

• A)the downward-sloping labour demand curve.
• B)the minimum wage law.
• C)the Fair Labour Standards Practices Act.
• D)increasing export competitiveness.
• E)the competition of other unions.

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing financial services.

Swiss National Bank

The central bank of Switzerland, responsible for the country's monetary policy and issuing its currency.

Implementing Instantaneously

The action of putting into effect or executing a plan or process without any delay.

Effectiveness

The degree to which an action, policy, or method achieves its intended outcome or result.