Economics Chapter 9

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Across
  1. 4. dollar amounts or prices that have been adjusted for inflation
  2. 9. noninstitutionalized part of the population, aged 16 and over, either working or looking for a job
  3. 10. labor union whose members perform the same kind of work; same as trade union
  4. 12. explanation of wage rates based on the bargaining strength of organized labor
  5. 13. year serving as a point of comparison for other years in a price index or other statistical measure
  6. 14. agreement by two parties to place a dispute before a third party for a binding settlement; also called binding arbitration
  7. 17. labor union whose members perform different kinds of work in the same industry
  8. 21. length of time a person has been on a job
  9. 22. theory that employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators of superior ability
  10. 24. provision in a contract outlining the way future disputes and grievance issues will be resolved
  11. 26. arrangement under which workers have the option to join a union after being hired
  12. 27. wage, fringe benefit, or work rule given up when renegotiating a contract
  13. 29. seemingly invisible barrier hindering advancement of women and minorities in a white-male dominated organization
  14. 33. wage scale paying newer workers a lower wage than others already on the job
  15. 36. explanation stating that the supply and demand for a worker’s skills and services determine the wage or salary
Down
  1. 1. arrangement under which workers must join a union before they are hired; usually illegal
  2. 2. union-organized work stoppage designed to gain concessions from an employer
  3. 3. wage rate leaving neither a surplus nor a shortage of workers in the market
  4. 5. process of negotiating between union and management representatives over pay, benefits, and job-related matters
  5. 6. worst period of economic decline in U.S. history, lasting from approximately 1929 to 1939
  6. 7. process of resolving a dispute by bringing in a neutral third party to help both sides reach a compromise
  7. 8. arrangement under which workers must join a union after being hired
  8. 11. guaranteed contract or portion of a contract reserved for a targeted group, usually a minority
  9. 15. demonstrate or march before a place of business to protest a company’s actions or policies
  10. 16. prevailing pay scale for work performed in an occupation in a given area or region
  11. 18. lowest legal wage that can be paid to most workers
  12. 19. unions organized, supported, or run by an employer
  13. 20. protest in the form of refusal to buy, including attempts to convince others to take their business elsewhere
  14. 23. court order issued to prevent a company or union from taking or not taking action during a labor dispute
  15. 25. management refusal to let employees work until company demands are met
  16. 28. state law making it illegal to require a worker to join a union
  17. 30. dollar amounts or prices that are not adjusted for inflation
  18. 31. labor union not affiliated with the AFL-CIO or the Change to Win Coalition
  19. 32. agreement between union and management to have a neutral third party collect facts about a dispute and present nonbinding recommendations
  20. 34. arrangement under which nonunion members must pay union dues
  21. 35. temporary government takeover of a company to keep it running during a labor-management dispute