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☆☆☆☆☆Cards in this guide (17)
What is collective bargaining
a process in which union and company representatives meet to negotiate a new labor contract
What happens in collective bargaining?
representatives of unions and companies negotiate new labor contracts
What are expressed powers
Expressed powers are powers written down for Congress in the Constitution.
The federal program created in the 1960s which provides medical care to the poor and indigent who qualify is called
The federal program created in the 1960's which provides medical care to the poor and indigent who qualify is called Medicaid. Medicaid is a social program that was created in 1965,
Which governmental organization currently serves as the central bank of the US
sloppy but crack
Which president signed the Medicare bill into law on July 30 1965
Lyndon B. Johnson
Which of these is centered on aggregate demand
Fiscal policy is centered on aggregate demand.
Which of these does not describe the Labor Management Reporting and Disclosure Act
It clearly defines the democratic procedures unions must adopt.
Which type of tax is imposed on those who inherit assets from a deceased person
inheritance tax
Which of these is the primary source of tax revenue for the national government
income tax
Which of these terms refers to the amount of money loaned to consumers and businesses
credit
What powers are often controversial because they are based on interpretation
implied
Which point in the business cycle has the greatest economic activity
Peak a+
Which phase in the business cycle occurs when the GDP increases and the amount of and services produced increases
Expansion
Which piece of legislation was provided a standard to measure overtime pay and prohibited the process of oppressive child labor
Fair Labor Standards Act A+
If strikes threaten national health or security the Taft-Hartley Act gives the executive branch of the Federal Government the right to break the strikes with what
80-day court injunctions
A shortage of a natural resource can lead to which phase in the business cycle
recession
The purchase of items such as diamonds furs and excessively large homes for the purpose of showing financial wealth is an example of which of these
conspicuous consumption A+
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