Which of the Following Correctly Describes the Relationship Between Economic

question 137

Multiple Choice

Which of the following correctly describes the relationship between economic efficiency and economic equity?

• A)They are both automatically achieved in a free market economy.
• B)They always call for opposite outcomes.
• C)There is no conflict between the two goals.
• D)There is often a trade-off between the two.

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Definitions:

NLRA

The National Labor Relations Act, a foundational statute of US labor law which protects the rights of employees to engage in collective bargaining and to unionize.

Organizing Delays

Deliberate or unintended postponements in the process of forming or expanding labor unions within workplaces.

NLRA

The National Labor Relations Act, a foundational statute in United States labor law that protects the rights of employees to organize and to bargain collectively with their employers.

Secondary Boycotts

A form of protest by labor unions where they boycott or picket against a company that does business with another company that is the subject of a primary boycott.