Use the Following to Answer Questions

question 11

Multiple Choice

Use the following to answer questions :
Figure: Guns and Butter
-(Figure: Guns and Butter) Look at the figure Guns and Butter. Suppose the economy produced 8 guns and 12 pounds of butter per period.

• A)This is a possible choice but is inefficient.
• B)This combination invalidates the notion of increasing opportunity cost.
• C)The economy is still efficient but does not buy as much as it could.
• D)Something must be done to reduce the amount of employment.

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Definitions:

Business Unionism

A model of unionism focused on improving wages, benefits, and working conditions, rather than broader social or political change.

Employee Empowerment Unionism

A form of unionism focusing on empowering employees by giving them a say in their working conditions and decisions affecting their jobs.

Craft Unionism

A form of unionism focusing on workers in a specific trade or craft, aiming to maintain high standards and wages for those professions.

Social Unionism

A labor movement strategy that extends beyond traditional workplace issues to include broader social and political objectives, such as social justice, environmental concerns, and economic equality.