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3 Cards in this Set
- Front
- Back
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Agency Shop
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Employers are not required to join the union, but must pay dues to compensate the union for its services
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Capital Intensive vs Labor Intensive
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capital intensive if it requires heavy capital investment in buying assets relative to the level of sales or profits that those assets can generate
labour intensive business is one in which the main cost is that of labour, and it is high compared to sales or value added |
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Percent changes in income due to changes in age or changes in education (degrees)
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no high school degree 25,688, high school degree 37,173 (44% increase), college degree 66,061 (150% increase), professional degree 133,151 (150% increase)
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