Multiple Choice
Suppose union workers are earning more than similarly qualified nonunion workers. From this, we can conclude that
A) unemployment of union workers must have increased.
B) unemployment of nonunion workers must have increased.
C) productivity of union workers must be greater than the productivity of nonunion workers.
D) Any of the above are possible and we cannot tell which without having more information.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: In a monopsonistic market<br>A) employment is lower
Q31: Right-to-work laws<br>A) make it illegal to require
Q32: In order to hire additional laborers, a
Q33: If a union wishes to maximize the
Q34: Critics of unions tend to focus on
Q36: Evidence in support of the hypothesis that
Q37: When a group of workers forms a
Q38: For a monopsonist the marginal cost of
Q39: What is the purpose of a strike?
Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the