Some States Have Passed Legislation Granting University Professors the Right

question 30

Multiple Choice

Some states have passed legislation granting university professors the right to unionize. At some schools, rather than negotiating a rigid wage schedule that applies to all professors, the union has negotiated a set of rules to govern individual wage negotiations between each professor and the university administration. This approach is best described as:

• A) Job control unionism.
• B) Employee empowerment unionism.
• C) Social movement unionism.
• D) Business unionism.

---

Definitions:

Interest Rate

The rate at which a borrower is charged interest for the money borrowed from a lender.

Cash Rebate

A partial refund to someone who has paid too much money for tax, rent, or a utility, or as a promotional incentive from the purchase of goods or services.

Effective Rate

The actual interest rate earned or paid on an investment, loan, or savings account, taking into account the effect of compounding.

Annuitant

The individual who receives the benefits or payments from an annuity plan.