Which of the following is not a contention of advocates of unions?
a. Unions are a necessary antidote to the market power of the firms that hire workers.
b. In the case of a "company town," a union may balance the firm's market power and protect the workers from being at the mercy of the firm's owners.
c. The introduction of a union benefits all workers in a firm.
d. Unions are important for helping firms respond efficiently to workers' concerns.
c
You might also like to view...
A tax must be progressive if an individual with a higher income pays more dollars in taxes than an individual with a lower income.
Answer the following statement true (T) or false (F)
If currency outside of banks is $800 billion; traveler's checks are $10 billion; checkable deposits owned by individuals and businesses are $700 billion; savings deposits are $4,000 billion; small time deposits are $1,000 billion; and money market
funds and other deposits are $800 billion, then M2 equals ________ billion. A) $7,310 B) $5,800 C) $710 D) $2,510 E) $1,510
The U.S. government counts both cash income and in-kind transfers when determining the poverty rate.
Answer the following statement true (T) or false (F)
According to the text, large slave plantations were _____ efficient than farms without slaves because (among several reasons) _______
a. more, the intensity per hour with which slaves worked was high b. more, large plantation owners used political power to control the best land c. less, free men worked harder than slaves d. less, slaves frequently sabotaged production