There is a general consensus among economists that:
A) unions reduce unemployment
B) unions increase unemployment
C) unions have increased labor's share of national income
D) union wage determination is not a serious cause of inflation in the United States
Correct Answer:
Verified
Q36: The allocative efficiency loss associated with unions
Q37: Work-time lost as a result of a
Q38: Which one of the following is a
Q39: The adverse effects of a strike on
Q40: By reducing labor turnover,unions may increase productivity
Q42: Overall,unions have generally:
A)increased labor's share by increasing
Q43: Empirical estimates generally show that unions reduce:
A)both
Q44: Regarding unions and productivity,empirical results show that:
A)the
Q45: In their study of the Bridgestone/Firestone tire
Q46: Evidence indicates that,on balance,union wage policies tend
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