Which of the following best describes the events following the deregulation of the trucking and airline industries by 1980?
A) Wages in both industries fell,although the decline was much more rapid in the trucking industry
B) Wages in both industries fell,although the decline was much more rapid in the airline industry
C) The unionization rate in the trucking industry rose,although it fell in the airline industry
D) employment fell in both industries while wages increased
Correct Answer:
Verified
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Q41: There is a general consensus among economists
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
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Q47: All of the following suggest that unions
Q48: Which of the following statements is supported
Q49: Fallick and Hassett suggest that the tendency
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