Question 1
The ability of unions to determine wages, hours, and working conditions in conjunction with the employer is known as ______.
◦ collective bargaining
◦ establishing a closed shop
◦ protectionism
◦ unionization
Question 2
The basic principles that regulate the economic market and influence the price of goods are known as laws of ______.
◦ antitrust policy
◦ supply and demand
◦ production and consumption
◦ monetary policy