The Multiplier Is the Ratio of the

question 134

Multiple Choice

The multiplier is the ratio of the

• A) change in the equilibrium level of real GDP to the change in autonomous expenditures.
• B) equilibrium level of real GDP to the change in induced expenditures.
• C) change in induced expenditures to the change in autonomous expenditures.
• D) change in autonomous expenditures to the change in the equilibrium level of real GDP.

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Definitions:

Nonunionized

Refers to a workplace or workforce that is not represented by a labor union or does not engage in collective bargaining.

Union Certification Election

A formal process in which employees of a workplace vote on whether or not to be represented by a labor union.

Authorization Cards

Documents signed by employees to indicate their wish to be represented by a labor union.

Organized Labor

A group of workers united as a single, representative entity for the purpose of improving the workers' economic status and working conditions through collective bargaining with employers.