An Example of Featherbedding Is

question 107

Multiple Choice

An example of featherbedding is

• A) advertising that encourages consumers to buy union-made goods.
• B) union requirements that forbid the use of certain laborsaving equipment.
• C) lobbying Congress to get higher tariffs.
• D) the requirement that all construction workers who work on a government-financed project receive the union wage rate regardless if they are in the union or not.

---

Definitions:

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy, issuing currency, and overseeing the nation's banking system.

Commercial Banks

Financial institutions that provide a wide range of banking services to individuals and businesses, including accepting deposits, lending money, and offering checking and savings account services.

Time Deposits

Bank deposits with a fixed term or period of maturity, during which the depositor can not withdraw funds without penalty.

T-bills

Short for Treasury bills, these are short-term government securities with maturity periods of one year or less, considered safe investments as they are backed by the credit of the government.