An Applet Does Not Have to Be on a Web

question 14

True/False

An applet does not have to be on a Web server in order to be executed.

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Definitions:

Equilibrium Wage Rates

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.

Strike

The withholding of labor services by an organized group of workers (a labor union).

Exclusive Union

A labor union that only represents workers from a particular company or industry, often having restrictive membership criteria.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate in a specified time period.