Which of the Following Is Not a Barrier to Increasing

question 9

Multiple Choice

Which of the following is not a barrier to increasing employee involvement:

• A)a knowledge gap between union an employer leaders
• B)an adversarial relationship between the parties
• C)labour relations legislation
• D)the inability of employees to be involved and remain loyal to the union
• E)attitudes and beliefs of unions and employers

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Definitions:

Equilibrium GDP

The level of Gross Domestic Product at which aggregate supply equals aggregate demand, indicating a stable economy.

Full Employment GDP

Full Employment GDP is the output level produced by an economy when all its labor and resources are employed at their maximum efficiency.

Multiplier

refers to a factor by which an initial change in spending will ultimately change the total economic output more than the initial amount.

Multiplier

In economics, a factor by which an initial change in spending will alter total economic output due to follow-on effects.