Which of the Following Statements Is True for the U

question 74

Multiple Choice

Which of the following statements is true for the U.S. economy?

• A) Higher wages in the unionized sectors of the economy push up wages in the nonunion sectors as well.
• B) Inflation tends to accelerate when the proportion of the labor force that is unionized increases.
• C) Union workers currently receive wages that are 15 to 20 percent higher, on average, than similar nonunion workers.
• D) When we compare similar union and nonunion workers, we find virtually no difference in the wages they receive.

---

Definitions:

Major

An area of academic concentration or specialization during collegiate studies.

Traditional Classifications

The act of organizing or categorizing entities or concepts based on long-established customs or common understandings.

Mental Disorders

Various disorders that influence emotions, cognition, and actions, frequently resulting in suffering or difficulty in everyday activities.

Debilitating

Causing weakness or impairment, often in a severe or significant manner, affecting physical or mental capabilities.