When a union bargains successfully with employers, in that industry,
A)wages and unemployment increase.
B)wages increase and unemployment decreases.
C)wages decrease and unemployment increases.
D)wages and unemployment decrease.

Question

Quizplus · Accepted Answer

When a union bargains successfully, it typically secures higher wages for its members. However, this can lead to higher unemployment in the industry as employers may hire fewer workers due to increased labor costs.

When a Union Bargains Successfully with Employers, in That Industry