Sociological Analysis of Industrial Relations Shows All of the Following

question 12

Multiple Choice

Sociological analysis of industrial relations shows all of the following EXCEPT:

• A)In the United States,industrial relations relies more upon local bargaining between firms and workers than on unions
• B)Austria and Sweden are good examples of highly centralised or corporatist industrial relations systems
• C)The effectiveness of strikes lies in their ability to prevent employers from profiting during work stoppages
• D)It is the legal right of workers in any country to strike and to hold secondary boycotts

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Definitions:

Clear

in an economic or financial context often means to settle a transaction or complete a trade or payment process.

Federal Reserve's Assets

These are financial assets held by the Federal Reserve Bank, including government securities, mortgage-backed securities, and loans to banks.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.

Required Reserve Ratio

The fraction of deposits that a bank is required by regulation to hold in reserve, not loaning them out, ensuring banks can meet their depositor's demands.