Craft unions have typically been most effective in raising wage rates by:
A) increasing the supply of labor.
B) increasing the demand for labor.
C) decreasing the supply of labor.
D) decreasing the demand for labor.

Question

Quizplus · Accepted Answer

Craft unions have been most effective in raising wage rates by decreasing the supply of labor, often through restrictive membership policies or apprenticeship programs, which limits the number of workers available in the market.

Craft Unions Have Typically Been Most Effective in Raising Wage