Answer the following statements true (T) or false (F)

1. Decentralized bargaining allows a union to be more responsive to the local needs of its constituents.
2. Decentralized bargaining may make unions more responsive but it also can decrease labor's strike leverage.
3. Going out on strike is the most important way for unions to make it costly for an employer to disagree with him.
4. In the public sector, labor is often argued to be too powerful because as the sole provider of essential services it can exercise greater control over the market.
5. The fact that public sector goods and services are not bought and sold in a competitive labor market makes unionization ineffective.


1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. FALSE

Business

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