If the GDP has decreased in the last two years, which of the following is likely true?
A) The economy is in a recession and unemployment rate is decreasing.
B) The economy is in a recession and the unemployment rate is increasing.
C) The economy is in a contraction phase and the CPI is increasing.
D) The economy is in a recovery phase and the unemployment rate is decreasing.
E) The economy is in a contraction phase and the CPI is decreasing.
Question 2 - During this stage of the unionization process, employees are asked to sign to indicate their support for the union.
A) Election
B) Authorization cards
C) NLRB Certification
D) Contract negotiation
E) Organizing campaign
Question 3 - If the size of the economy has grown for the last three quarters, but prices overall have dropped, which of the following is true?
A) The economy is in an expansion phase and CPI is increasing.
B) The economy is in a contraction phase and CPI is increasing.
C) The economy is in an expansion phase and GDP is decreasing.
D) The economy is in an expansion phase and CPI is decreasing.
E) The economy is in a contraction phase and CPI is decreasing.
Question 4 - Randy is fed up with the actions of management and wants to form a union at the company. Which of the following is the first step he needs to take?
A) Conduct an organizing campaign to get other employees interested in forming a union.
B) Ask the NLRB to hold a secret ballot election.
C) Get employees to sign authorization cards indicating their support for the union.
D) Petition the company to hold a show-of-hands election to determine whether employees want a union.
E) Request the NLRB to grant authority for the union to become the official bargaining agent for the employees.
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