Which of the Following Statements About Wage Setting Is True

Multiple Choice

Which of the following statements about wage setting is true?

A) Most workers in Australia have their wages set by collective bargaining.
B) Most workers in Australia have their wages set by owner- managers of incorporated enterprises.
C) Most workers in Australia have their wages set by awards.
D) The minimum wage in Australia is about 75% of the average wage.
E) Collective bargaining plays a more important role in Japan and most European countries than in Australia.