Which of the Following Is Correct

question 147

Multiple Choice

Which of the following is correct?

• A)Nearly all economists believe that unions are bad for the economy as a whole.
• B)Unionized firms pay wages above the competitive equilibrium level.
• C)Unions increase the level of employment in unionized firms.
• D)Unions decrease the level of employment in firms without unions.

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Definitions:

Canadian Multiculturalism

A policy and an ideological concept in Canada that promotes the acceptance and celebration of diverse cultural backgrounds and identities.

Ethnic Diversity

The quality or state of a community or society containing people from multiple ethnic or racial backgrounds, contributing to a richness in culture and perspectives.

Cultural Mosaic

A concept emphasizing the coexistence of various cultures within a society, where each culture retains its unique identity while contributing to a collective cultural diversity.

Ethnic Groups

Collections of people who share common cultural, linguistic, or ancestral characteristics, contributing to their collective identity.