B exclusive unionism c bilateral monopoly d monopsony

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B. exclusive unionism. C. bilateral monopoly. D. monopsony. AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-4 McConnell - Chapter 13 #99 Topic: Union models and licensure 100. Occupational licensing: A. functions essentially the same as inclusive unionism. B. attracts large numbers of workers and therefore depresses wages. C. often restricts occupational entry and raises the incomes of licensees. D. has been declared illegal in the majority of states. AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-4 McConnell - Chapter 13 #100 Topic: Union models and licensure 101. Occupational licensing can best be understood in terms of: A. the inclusive unionism model. B. the exclusive unionism model. C. the bilateral monopoly model. D. the monopsony model. AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-4 McConnell - Chapter 13 #101 Topic: Union models and licensure 102. If an exclusive union is successful in restricting the supply of labor, the: A. wage rate will rise. B. the quantity of labor demanded will rise. C. the number of job opportunities in the firm or industry will increase. D. the demand for labor curve will shift leftward. AACSB: Reflective Thinking Skills Blooms: Analysis Learning Objective: 13-4 McConnell - Chapter 13 #102 Topic: Union models and licensure 103. If an industrial union is formed to bargain with a monopsonistic employer, then in this labor market: A. the resulting wage rate will necessarily be above the competitive level. B. employment may either increase or decrease. C. employment will increase. D. employment will decrease. AACSB: Reflective Thinking Skills Blooms: Analysis Learning Objective: 13-4 McConnell - Chapter 13 #103 Topic: Union models and licensure
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104. The electricians union is a good example of: A. exclusive unionism. B. an industrial union. C. how unions can simultaneously increase wage rates and employment by increasing the demand for labor. D. inclusive unionism. AACSB: Reflective Thinking Skills Blooms: Application Learning Objective: 13-4 McConnell - Chapter 13 #104 Topic: Union models and licensure 105. Exclusive unionism attempts to increase wage rates by: A. decreasing the supply of labor. B. setting a minimum or standard wage above the competitive level. C. increasing the supply of labor. D. increasing the demand for labor through lobbying for more government projects employ union workers. AACSB: Reflective Thinking Skills Blooms: Understanding Learning Objective: 13-4 McConnell - Chapter 13 #105 Topic: Union models and licensure 106. Labor unions may attempt to raise wage rates by: A. increasing the supply of labor. B. forcing employers, under the threat of a strike, to pay above-equilibrium wage rates.
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B exclusive unionism C bilateral monopoly D monopsony AACSB...

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