Refer to the Information Provided in Table 9

question 164

Multiple Choice

Refer to the information provided in Table 9.3 below to answer the questions that follow.
Table 9.3
All Numbers are in $ Million

-Refer to Table 9.3.Suppose the economy is in equilibrium and the government increases spending by $50 million,the new equilibrium output is $________ million

• A)1,350
• B)1,450
• C)1,650
• D)1,750

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Definitions:

Certification Election

A process involving a vote by employees to determine whether they wish to be represented by a particular labor union.

Representative

An individual chosen or elected to act and speak on behalf of a larger group, often in negotiating or legislative contexts.

Negotiations

The process of discussing terms and conditions between two or more parties with the aim to reach an agreement or compromise.

Authorization Card Campaign

A drive by a labor union to collect signed cards from employees indicating their interest in union representation, often as a preliminary step toward a unionization vote.