Multiple Choice
In labor-management relationships,what are implicit contracts?
A) contracts imposed by outside arbitration panels
B) informal unwritten understandings between labor and management
C) agreements between management and union leaders that are kept secret from the rank and file members
D) contracts that do not specify a wage rate but ensure that workers get the current going rate
E) documents that spell out in detail the intent and meaning of the provisions in the formal contract
Correct Answer:

Verified
Correct Answer:
Verified
Q25: It is likely that involuntary unemployment would
Q26: According to the new classical macroeconomists,the gap
Q27: An unfavorable supply shock<br>A)shifts aggregate demand to
Q28: In employer-employee relationships,informal understandings NOT found in
Q29: Which of the following theories might the
Q31: That wage and price rigidities cause changes
Q32: Economists' views and analyses of the economy
Q33: The notion that the appropriate monetary policy
Q34: The notion that workers are more inclined
Q35: In the debate between the monetarists and