Labor unions have caused
A) the fraction of national income that goes to labor (union and nonunion, combined) to increase.
B) the fraction of national income that goes to labor (union and nonunion, combined) to decrease.
C) almost no change in the fraction of national income that goes to labor (union and nonunion, combined) .
D) the fraction of national income that goes to profits to rise.
Correct Answer:
Verified
Q40: Which of the following is a possible
Q41: Which of the following is true for
Q42: In a perfectly competitive industry, do higher
Q43: Suppose the marginal revenue product of individuals
Q44: If a labor union successfully practices collective
Q46: A possible objective of labor unions is
A)employment
Q47: Exhibit 27-3 Q48: If a firm is a monopsony, then Q49: Exhibit 27-3 Q50: Assuming the wage-employment tradeoff exists, if labor
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