Question : 21) Unions ________ free trade and ________ a higher minimum : 1226303

 

21) Unions ________ free trade and ________ a higher minimum wage.

A) favor; favor

B) are neutral toward; oppose

C) favor; oppose

D) oppose; favor

E) oppose; oppose

22) Which of the following is a method used by unions to increase the demand for their members’ labor?

A) Support import restrictions.

B) Decrease the marginal product of union members.

C) Increase imported goods and services

D) Oppose immigration restrictions.

E) Oppose minimum wage laws.

 

23) Which of the following methods is used by unions to increase the demand for the labor of its members?

A) Decrease the marginal product of union members

B) Support minimum wage laws

C) Support free trade

D) Support laws that increase immigration into the country

E) Decrease demand for the good produced

 

24) A rise in the minimum wage increases the demand for union labor because this policy change

A) lowers the wage rate paid to union labor.

B) raises the productivity of union labor.

C) lowers the cost of a substitute for union labor.

D) lowers the productivity of union labor.

E) raises the cost of a substitute for union labor.

 

25) Unions support immigration restrictions because the restrictions create

A) an increase in the supply of union labor.

B) a decrease in the supply of union labor.

C) unemployment.

D) an increase in the demand for union labor.

E) a decrease in the demand for union labor.

26) Which of the following decreases the supply of labor that competes with union labor?

A) an increase in the minimum wage

B) an increase in the demand for imported goods

C) an increase in union members’ productivity

D) new laws that restrict immigration

E) All of the above would decrease the supply of labor.

 

27) Which of the following is NOT a method used by union to increase their members’ wages?

A) Limit the supply of non-union workers.

B) Increase the demand for union workers.

C) Support minimum wage increases.

D) Increase union members’ productivity.

E) None of the above because they are all methods unions use to increase their members’ wages.

 

28) Which of the following is NOT a method by which unions try to increase the demand for the labor of their members?

A) increasing the marginal product of union members

B) increasing the supply of the goods produced by union labor

C) supporting minimum wage laws

D) supporting import restrictions

E) supporting immigration restrictions

29) An individual’s labor supply curve eventually bends backward because at a high enough wage rate,

A) people are willing to work more hours.

B) employers are willing to hire more workers.

C) people desire more leisure time.

D) very few workers are hired.

E) more people enter the labor market to search for jobs.

 

30) How does an increase in the adult population affect the labor market?

A) The demand for labor will become more inelastic.

B) The supply of labor will decrease.

C) The supply of labor will increase.

D) The demand for labor will decrease.

E) The demand for labor will increase.

 

31) The supply of labor curve shifts leftward if

A) the population increases.

B) the demand for labor curve shifts leftward.

C) the supply of labor increases.

D) the wage rate falls.

E) the supply of labor decreases.

 

32) If the wage rate is above the equilibrium wage rate, the quantity of labor demanded is ________ the quantity of labor supplied.

A) greater than

B) less than

C) equal to

D) the negative of

E) not comparable to

33) The more people who remain in school for full-time education and training, the ________ is the ________ low-skilled labor.

A) smaller; demand for

B) smaller; supply of

C) larger; supply of

D) larger; demand for

E) less elastic; demand for

 

34) If the supply of labor decreases, then the equilibrium wage rate ________ and equilibrium employment ________.

A) does not change; decreases

B) rises; increases

C) rises; decreases

D) falls; increases

E) falls; decreases

 

35) Of the following, a union is LEAST likely to support

A) an increase in the minimum wage rate.

B) laws that restrict immigration into the country.

C) on-the-job training that makes their members more productive.

D) laws that increase the quantity of the nation’s imports.

E) programs that boost the demand for the goods and services their members produce.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more