Recently a Labour Union Argued That the Standard of Living

question 69

Multiple Choice

Recently a labour union argued that the standard of living of its members was falling.A critic of the union argued that this could not possibly be true because the union had been acquiring significant increases in the nominal incomes of its members through collective bargaining.Is the critic correct?

• A)Yes, because when you have a large nominal income your standard of living automatically increases.
• B)No, because real income may fall if price increases are more proportionately than the increase in nominal income.
• C)No, because real income may fall if price increases are less proportionately than the increases in nominal income.
• D)Yes, because real income may fall if price increases are less proportionately than the increases in nominal income.

Understand the effects of organizational design choices on communication flow and decision-making processes.

Understand the core principles and differences between Cognitive Behavioral Therapy (CBT) and Rational Emotive Behavior Therapy (REBT).

Identify and explain various cognitive distortions and their impact on mental health.

Describe exercises used in REBT/CBT to challenge and change dysfunctional thoughts and beliefs.

---

Definitions:

Blood Clots

Formed masses of blood that can block circulation, potentially leading to various medical conditions such as stroke, heart attack, or deep vein thrombosis.

Bone Density

A measure of the amount of minerals (such as calcium) contained in a certain volume of bone.

Depo-Provera (DMPA)

A birth control shot that contains the hormone progestin, administered every three months to prevent pregnancy.

Injection

The act or process of administering a liquid, especially a drug, into a person's body using a needle and syringe.