Which Statement Is True

question 9

Multiple Choice

Which statement is true?

• A)Joseph Schumpeter said,"risk bearing is no part of the entrepreneurial function."
• B)Benjamin Franklin said,"It is better to borrow than to lend."
• C)Aristotle said,"the fair rate of interest is exactly what the market will bear."
• D)David Ricardo said,"the landlord's return,rent,should be taxed away by the government."

---

Definitions:

NLRA

The National Labor Relations Act of 1935; legislation that protects the rights of employees and employers, encourages collective bargaining, and curtails certain private sector labor and management practices.

First Contract Settlements

Refers to agreements reached between a newly formed union and the employer, outlining the initial terms and conditions of employment.

Union Organizing Tactic

A strategy employed by unions to gain members and bargaining power within workplaces.

Personal Relationships

Interpersonal affiliations or associations between people that may range in duration and significance.