To the Extent That Unions Can Transfer Profits from Unionized

question 79

Multiple Choice

To the extent that unions can transfer profits from unionized employers to union workers, they will

• A) reduce the incentive of unionized employers to invest in fixed capital and research.
• B) increase employment in the unionized sector.
• C) reduce the incentive of nonunion firms to invest and expand their output.
• D) increase the productivity of labor in the long run.

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Definitions:

Ambivalent

Having mixed feelings or contradictory ideas about something or someone.

Avoidant

A term usually used to describe a pattern of behavior characterized by a tendency to withdraw from or avoid emotional intimacy or stressful situations.

Secure

Feeling safe, stable, and free from fear or anxiety; in attachment theory, it describes a healthy attachment style characterized by confidence and trust.

Avoidant

A term often used in psychology to describe an individual who exhibits a preference for minimally emotional or detached relationships, typically as a defense mechanism.