In a Recent Contract Negotiation Over the Issue of Wage

question 16

Multiple Choice

In a recent contract negotiation over the issue of wage increases, the union's resistance point was 2.5% and their target point was 3%. Management's resistance point was 3% and their target point was 2.75%. The size of the settlement range is:

• A) 25%
• B) 75%
• C) 50%
• D) Cannot be calculated from this example

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Definitions:

Thaddeus Stevens

A 19th-century U.S. politician known for his fierce advocacy for the abolition of slavery and his role in the Reconstruction era.

Confederate States

refers to the 11 southern states that seceded from the Union in 1860-1861, leading to the American Civil War.

Reconstruction

Refers to the period following the Civil War in which the United States government focused on rebuilding the Southern states and reintegrating them into the Union.