Which of the Following Views Is Most Consistent with Mainstream

question 88

Multiple Choice

Which of the following views is most consistent with mainstream economics?

• A) The NLRA should be tightened to make it harder for employers to violate the law
• B) The NLRA should be loosened to make it easier for unions to organize
• C) The NLRA should be replaced with transformative labor law that models, for example, a works council approach
• D) The NLRA should be repealed

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Definitions:

Price

The amount of money expected, required, or given in payment for something; it acts as a signal for scarcity or abundance of a product.

Budget Line

A depiction showcasing all feasible combinations of two articles that can be purchased, provided there's a fixed budget and the prices remain the same.

Money Income

Money income is the total income received by a household or individual in the form of currency or in transactions, excluding non-monetary benefits.