Which of the Following Is Not Correct

question 7

Multiple Choice

Which of the following is not correct?

• A)Unions are exempt from U.S.antitrust laws.
• B)The Wagner Act of 1935 prevents U.S.employers from interfering when workers try to organize unions.
• C)The National Labor Relations Board is the U.S.government agency that enforces workers' right to unionize.
• D)Right-to-work laws prevent firms from hiring permanent replacements for workers who are on strike.

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Definitions:

Deadweight Loss

A societal expense arising from market inefficiency, happening when there is a mismatch between supply and demand.

Equilibrium

A state in a market where the supply of a good matches its demand, resulting in stable prices.

Progressive Income Tax

A tax system in which the tax rate increases as the taxable amount increases, leading to higher earners paying a higher rate of tax on their income.

Equity

The concept of fairness or justice in the allocation of resources or treatment of individuals, or a term referring to ownership interest in a company through stocks.