In order to change the demand for union labor, unions favor all of the following EXCEPT increasing
A) the minimum wage.
B) import restrictions.
C) immigration.
D) job training for members.
C
You might also like to view...
In the specific factors model, a 5% increase in the price of food accompanied by a 10% increase in the price of cloth will cause ________ in the welfare of labor, ________ in the welfare of the fixed factor in the production of food, and ________ in
the welfare of the fixed factor in the production of cloth. A) an ambiguous change; a decrease; an increase B) an ambiguous change; an ambiguous change; an ambiguous change C) a decrease; an ambiguous change; an ambiguous change D) an increase; a decrease; an increase E) an ambiguous change; an increase; a decrease
Now that the world is technologically advanced, nations no longer try to protect infant industries
Indicate whether the statement is true or false
The increase in the unemployment rate during a recession is associated with which type of unemployment?
A. Cyclical unemployment B. Frictional unemployment C. Structural unemployment D. Nominal unemployment
If the value of the dollar falls relative to other currencies, the price of goods and services produced in the United States will appear:
A. more expensive to foreigners. B. more expensive to U.S. citizens. C. cheaper to foreigners. D. the same to foreigners.