Collective Bargaining Agreements That Prohibit Wage Cuts for the Duration

question 87

Multiple Choice

Collective bargaining agreements that prohibit wage cuts for the duration of the contract contribute to:

• A)a wealth effect.
• B)a multiplier effect.
• C)an increase in aggregate supply.
• D)a price level that is inflexible downward.

---

Definitions:

Job Applicant

An individual who applies for a position within an organization.

Negative Indicators

Factors or measurements that suggest a decline in performance, quality, or satisfaction.

Recruitment Process

The steps taken by an organization to attract, screen, and select a qualified candidate for a job position.

Organizational Performance Metrics

Organizational performance metrics are quantifiable measures used to assess how effectively a company or its departments are achieving their objectives and goals.