True Answer Correct Labor demand in job A increases causing the wages to rise

True answer correct labor demand in job a increases

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fall for job A. (True Answer )Correct Labor demand in job A increases causing the wages to rise for job A, and labor supply in job A increases causing wages to fall for job A. Thus, the effect on wages in job A is ambiguous. Incorrect Labor supply in job B increases causing the wages to rise for job B, and labor supply in job A decreases causing wages to fall for job A. Incorrect 2020 Suppose that the market for window cleaners is in equilibrium at a wage of $16. If window cleaning becomes safer: the demand for window cleaners will increase causing the equilibrium wage to rise above $16. Incorrect the demand for window cleaners will decrease causing the equilibrium wage to fall below $16. Incorrect the supply of window cleaners will increase causing the equilibrium wage to fall below $16. ( True Answer )Correct the supply of window cleaners will decrease causing the equilibrium wage to fall below $16. Incorrect 2021 Which of the following is TRUE?
The main reason why wages are high in some countries is the existence of unions in those countries. Incorrect The wages in unionized jobs tend to be lower than the wages in nonunionized jobs. Incorrect Unions increase the supply of labor and increase wages as a result. Incorrect Unions raise wages for some workers and lower wages for other workers. ( True Answer )Correct 2022 Which of the following is NOT the primary method that unions use to raise wages? restricting their membership Incorrect threatening to strike unless employers hire union labor Incorrect reducing the supply of labor to an industry Incorrect lobbying the government to increase the minimum wage ( True Answer )Correct 2023 (Figure: Unionized Jobs) Refer to the figure. Which of the following would represent the wage and number of workers of unionized jobs? Figure: Unionized Jobs W 1 ; N 1 Incorrect W 1 ; N 2 Incorrect W 2 ; N 1 ( True Answer )Correct W 2 ; N 2 Incorrect 2024 Which of the following best describes the influence of labor unions on workers? The harm of labor unions to workers is both immediately
evident and longer term. Incorrect The benefit of labor unions to workers is both immediately evident and longer term. Incorrect The benefit of labor unions to workers is immediately evident while the harm is longer term and harder to see. ( True Answer )Correct Labor unions provide neither benefit nor harm to workers. Incorrect 2025 Which of the following statements is NOT correct? Unions can raise the wages of particular classes of workers. Incorrect Unions are the fundamental reason why wages are high in the wealthy countries. ( True Answer )Correct High wages of physicians are due to the restriction of physician supply. Incorrect Less unionized Britain has grown more rapidly than the more unionized France. Incorrect 2026 Which of the following statements is TRUE?

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