labor Chap_010 - TEST BANK Robert J. Lemke Lake Forest...

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TEST BANK Robert J. Lemke Lake Forest College Fall 2008 Labor Economics 5 th Edition George Borjas Chapter Ten 1. Which of the following do unions usually advertise to its members and potential members? A. High wages. B. Steady employment. C. An exit voice. D. A powerful political lobby. E. All of the above. Ans: E 2. Which of the following attributes are least associated with union jobs and contracts? A. Flexible work schedules. B. A large population of black workers. C. A large population of immigrant workers. D. Both private and public sectors jobs. E. Jobs in industries that are controlled by just a few firms. Ans: C 3. Union jobs are highly sought out: A. When economic conditions worsen. B. When workers face job insecurity during periods of high unemployment. C. When there is a decline in real wages. D. When working conditions are poor. E. All of the above are true. Ans: E 4. The wage-employment outcomes described by the contract curve A. fail to exhaust all bargaining opportunities between the employer and the union (except for the single point on the contract curve that is associated with maximum wages). B. are associated with the firm hiring more workers at a higher wage than they would under a monopoly union outcome. C. are Pareto optimal and result in an efficient contract. D. must be located below and to the left of the outcome that would result in the absence of a union. E. must be located above and to the left of the outcome that results when there is a monopoly union. Ans: C 5. Which of the following is not associated with a strike? A. Strikes are costly to the firm. B. Strikes are costly to the union. 1
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C. The probability of striking is generally pro-cyclical. D. Strike duration is generally pro-cyclical. E. If the union makes wage offers, it will do so according to a downward-sloping resistance curve. Ans: D 6. Which of the following does not describe the historical patterns of unionization and strike activity in the United States? A. The percent of workers involved in a strike has steadily decreased over the last 40 years. B. The percent of time lost to a strike has steadily decreased over the last 40 years. C. The percent of private sector employees who are in a union has steadily decreased over the last 40 years. D. The percent of public sector employees who are in a union remained relatively constant from 1960 to 1990 and then increased sharply during the 1990s. E. Union membership did not change very much from 1900 to 1940. Ans: D 7. Because workers choose whether to join unions, union organizing drives will be more successful in firms that have relatively___________ labor demand curves. A. inelastic B. elastic C. flat D. linear E. increasing Ans: A 8. When the possibility for strongly efficient contracts occurs, what will happen? A.
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labor Chap_010 - TEST BANK Robert J. Lemke Lake Forest...

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