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Workers laid off as a result of a recession suffer
FICA
Federal Insurance Contributions Act; a U.S. law that requires a payroll tax on both employees and employers to fund Social Security and Medicare.
Social Security
A government program providing economic assistance to people with an inadequate or no income.
Yellow-Dog Contracts
A type of employment agreement where the worker promises not to join a labor union during the term of employment.
Norris-LaGuardia Act
A 1932 U.S. federal law that limited the power of courts to issue injunctions against non-violent labor disputes and upheld workers' right to strike.
Q5: Which of the following would cause a
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Q212: An increase in the real interest rate
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Q246: The costs to firms of changing prices