Question 1

What is the difference between the union relative wage advantage and the union absolute effect? Which is larger? Explain and illustrate your discussion with the appropriate graphical analysis.

Accepted Answer

The answer of What is the difference between the union...

Question 2

Do unions increase worker productivity?

Accepted Answer

The answer of Do unions increase worker productivity?...

Question 3

If attitudes change and unions are perceived as dangerous to American companies' ability to compete in the world market,then

Accepted Answer

A)  the demand curve for union services will shift to the left. 
B)  the demand curve for union services will shift to the right. 
C)  we will move to the left along the demand curve for union services. 
D)  we will move to the right along the demand curve for union services.

Question 4

What is a right-to-work law?

Accepted Answer

The answer of What is a right-to-work law?...

Question 5

The "price" of being in a union includes

Accepted Answer

A)  membership dues. 
B)  the amount by which wages increase due to union membership. 
C)  the time spent on union activities. 
D)  all costs, including money and time.

Exam 13: Unions and the Labor Market

What is the difference between the union relative wage advantage and the union absolute effect? Which is larger? Explain and illustrate your discussion with the appropriate graphical analysis.

Do unions increase worker productivity?

If attitudes change and unions are perceived as dangerous to American companies' ability to compete in the world market,then

What is a right-to-work law?

The "price" of being in a union includes