Multiple Choice
There is a clear consensus among economists that unions are
A) good for the economy because they result in higher wages for most workers.
B) good for the economy because they are a necessary antidote to the market power of employers.
C) bad for the economy because they are cartels and therefore detrimental to an efficient allocation of resources.
D) None of the above is correct;there is no clear consensus among economists about whether unions are good or bad for the economy.
Correct Answer:

Verified
Correct Answer:
Verified
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