Which of the following is not associated with strikes?
A) Strikes are costly to the firm.
B) Strikes are costly to the union.
C) The probability of striking is generally procyclical.
D) Strike duration is generally procyclical.
E) If the union makes wage offers, it will likely do so according to a downward-sloping resistance curve.

Question

Quizplus · Accepted Answer

Strike duration is generally countercyclical, not procyclical, meaning it tends to be longer during economic downturns rather than during periods of economic growth.

Which of the Following Is Not Associated with Strikes