The Rand formula is:

Question $13$ options:

a$)$

a formula used to determine wages within a collective agreement

b$)$

where the employer agrees to deduct an amount equal to the union dues from all employees in the bargaining unit, whether or not they are members of the union

c$)$

how the government determines union density within certain organizations

d$)$

used to determine the difference between real and nominal wages within an industry

e$)$

none of the above