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A Union That Negotiates Higher Wages Without Directly Limiting the Labor

Question 49

Multiple Choice

A union that negotiates higher wages without directly limiting the labor supply or trying to increase labor demand


A) creates an excess demand for labor.
B) has the effect of creating a price floor in that labor market.
C) is able to secure jobs for all of its members.
D) violates the Landrum-Griffin Act.
E) is guilty of a lockout.

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