Fallick and Hassett Suggest That the Tendency of Union Firms

question 3

Multiple Choice

Fallick and Hassett suggest that the tendency of union firms to merge with union firms can be explained by their finding that:

• A)union certification elections increase firms' research and development spending
• B)union firms are subject to a lower rate of corporate taxation
• C)union firms pay a smaller proportion of compensation in the form of fringe benefits
• D)union certification elections reduce firms' rates of investment in physical capital

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Definitions:

Tea Ceremony Utensils

Tools and items used in the traditional ritual of the Tea Ceremony, which varies in different cultures, notably Japanese (Chanoyu) or Chinese (Gongfucha).

Vietnamese Ceramics

A significant form of art and industry in Vietnam, known for its unique styles, techniques, and history dating back several centuries, including both utilitarian and decorative items.

Korean Ceramics

Refers to the highly regarded pottery and porcelain produced in Korea throughout history, known for its technical excellence, distinctive glazes, and innovative designs.

Katsura Imperial Villa

A historic imperial villa in Kyoto, Japan, known for its sophisticated Japanese garden and architecture, reflecting the simplicity and harmony of the Japanese aesthetic.