Examlex
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Series EE savings bonds are also called [War Bonds | Patriot Bonds].
Efficiency Wages
A theory suggesting that employers pay higher than the market-clearing wage to increase worker productivity, loyalty, and satisfaction, thus reducing turnover and shirking.
Equilibrium Level
The state in which market supply and demand balance each other, and, as a result, prices become stable.
Increase Unemployment
Refers to a situation where the number of individuals in a workforce who are without a job, and are actively seeking employment, rises.
Union Bargains
Union bargains involve negotiations between labor unions and employers on employment terms, such as wages, working conditions, and benefits for the workers.
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