Multiple Choice
What is an industrial effect of unions on pay level?
A) Union workers are paid lesser than nonunion workers on an average.
B) Industries having highest union wage premium had the lowest employment decrease in the 1970s.
C) Unions are able to bargain larger-than-normal increase in firms that created specific assets.
D) Wage premiums come with cost to labor making the firms less profitable.
Correct Answer:
Verified
Correct Answer:
Verified
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