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Restricting the Supply of Labor in Order to Increase the Wage

Question 179

Multiple Choice

Restricting the supply of labor in order to increase the wage


A) is a tactic used by both craft and industrial unions
B) is a tactic more likely to be used by the American Medical Association (AMA) than the United Auto Workers (UAW)
C) is a tactic more likely to be used by the UAW than the AMA
D) is a tactic used solely by professional groups such as lawyers
E) has less effect on the wage than direct negotiation does

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