🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Economics
1
answer
0
watching
270
views
31 Oct 2020

1. Which of the following is not a characteristic of a labor union?

a. Voluntary association

b. Intermediary

c. Common goal

d. Individual action

Booster class
Microeconomics
Skill
Explaining the concept of Labor union
Watch
1
answer
0
watching
270
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Raushan Raj
Raushan RajLv8
31 Oct 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Which organization created a shared economy?
A. North American Free Trade Agreements
B. Association of Southeast Asian Nations
C. World Trade Organization
D. European Union
Which group primarily helps settle trade disputes?
 
a) European Union
 
b) World Trade Organization
 
c) Association of Southeast Asian Nations
 
d) North American Free Trade Agreements

1. The percentage of the labor force that belongs to a union is known as the:

a) Union share ratio.

b) Unionization ratio.

c) Union participation ratio.

d) Unionized percentage ratio.

2. The equilibrium wage rate is determined by:

a) Individuals but not firms.

b) Market labor supply and market labor demand.

c) Labor unions.

d) Firms but not individuals.

3. The effect of union exclusion of non-union workers is to:

a) Increase the shortages of non-union workers.

b) Reduce the wages of non-union workers.

c) Increase the number of jobs for non-union workers.

d) Increase the surplus of union workers.

4. A market with one buyer and one seller is a:

a) Bilateral monopsony.

b) Multiopoly.

c) Bilateral monopoly.

d) Multilayer monopoly.

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in