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Which of the following is NOT one of the key standards of ethical practice published by the IMA?
Union Shop
A workplace where employees are not required to join the union as a condition of employment, but must join within a certain period of time after hire.
Labor Demand
The total amount of workers that employers want to hire at a given wage rate and time.
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity demanded at those prices, typically downward sloping.
Elastic Demand
A situation where the demand for a product or service significantly changes in response to a change in its price.
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