Multiple Choice
When a union raises the wage above the equilibrium level,
A) both the quantity of labor supplied and unemployment rise.
B) both the quantity of labor supplied and unemployment fall.
C) the quantity of labor supplied rises and unemployment falls.
D) the quantity of labor supplied falls and unemployment rises.
Correct Answer:
Verified
Correct Answer:
Verified
Q39: Which of the following is not correct?<br>A)A
Q40: Unions<br>A)do not affect the natural rate of
Q41: If unions were formed in more industries,the
Q42: If outsiders had more say in union
Q43: Which of the following is correct?<br>A)There is
Q44: Which of the following is not correct?<br>A)When
Q45: Labor unions<br>A)prefer to operate in states with
Q46: The effects of unionization on wages in
Q47: Suppose that medical technicians and nurses' aides
Q49: Unions contribute to<br>A)structural unemployment but not the