A Card-Check Provision

question 4

Multiple Choice

A card-check provision:

• A) allows the employer, on behalf of the union, to automatically deduct union dues from the employees' paychecks.
• B) is an agreement that if a certain percentage of employees sign an authorization card, the employer will recognize their union representation.
• C) is an alternative form of union membership in which members receive discounts on insurance and credit cards rather than representation in collective bargaining.
• D) is a formal and binding pledge by the employer not to oppose organizing efforts elsewhere in the company.
• E) is a formal and binding pledge by at least 51 percent of employees to not unionize.

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Definitions:

Supply-Side Economist

An economist who believes that reducing tax rates and deregulation will stimulate economic growth by incentivizing individuals and businesses to produce goods and services.

Money Supply

The aggregate sum of financial assets present within an economy at a certain moment, encompassing cash, coins, and the amounts in checking and savings accounts.

Inflation

A sustained increase in the general price level of goods and services in an economy over a period of time, leading to a decrease in purchasing power.

Crowding Out Effect

A situation where increased government spending leads to reduced investment in the private sector, often due to higher interest rates.