Which of the Following Statements Is True for the Taft-Hartley

question 31

Multiple Choice

Which of the following statements is true for the Taft-Hartley Act of 1947?

• A) It was enacted as an amendment to the NLRA to curb excesses by managements.
• B) An important concept in relation to the Taft-Hartley Act is right to work laws.
• C) The Taft-Hartley Act outlawed closed shops and union shops.
• D) In right to work states, collective bargaining agreements contain union security clauses.

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Definitions:

Unemployment Rate

The percentage of those in the labor force who are not working but are in search of employment.

Natural Rate

Often refers to the natural rate of unemployment, which is the level of unemployment consistent with a stable rate of inflation, not zero unemployment.

Unemployment

The situation in which individuals who are capable of working and are actively seeking work remain un-hired.

Money Growth

The increase in the amount of money in an economy over time.