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  3. Study Set
    Principles of Microeconomics
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    Exam 16: Wages and Employment: Monopsony and Labor Unions
  5. Question
    A Closed Shop Exists When the
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A Closed Shop Exists When the

Question 33

Question 33

Multiple Choice

A closed shop exists when the


A) employer is only permitted to hire union members
B) union is the owner of the firm
C) union members are not allowed to be hired
D) employer can hire nonunion workers, but the workers must join the union within a certain time period
E) firm goes bankrupt and workers lose their jobs

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