Examlex
Which of the following bargaining patterns between labor and management is illegal in the U.S.?
Dollar Votes
The concept that consumers show their preferences for products and services by how they spend their money.
Market System
An economic system where prices are determined by the interaction of supply and demand, guiding the allocation of resources and goods.
Inflation
A rise in the general level of prices in an economy; an increase in an economy’s price level.
Legal Tender
Any form of currency that by law must be accepted by creditors (lenders) for the settlement of a financial debt; a nation’s official currency is legal tender within its own borders.
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