The primary purpose of labor unions is to
A) ensure that workers receive adequate safety training.
B) negotiate with employers about wages and working conditions.
C) endorse candidates and donate money to them.
D) ensure that all members earn identical incomes.
Question 2
The money demand curve has a negative slope because
A) lower interest rates cause households and firms to switch from financial assets to money.
B) lower interest rates cause households and firms to switch from money to financial assets.
C) lower interest rates cause households and firms to switch from money to bonds.
D) lower interest rates cause households and firms to switch from money to stocks.
Stages of Labor
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