answersLogoWhite

0

Economics

User Avatar

Marielle Hane

Lvl 10
∙ 3y ago
☆★☆★☆★☆★☆★
No Reviews
Leave the first rating

Rate this Study Guide:

☆★☆★☆★☆★☆★
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+

Related study guides