When Unions Raise Wages in One Part of the Economy

question 4

True/False

When unions raise wages in one part of the economy, the supply of labor increases in other parts of the economy, which reduces wages in industries that are not unionized.

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Definitions:

Traditional Nuclear Family

A family unit consisting of two parents (traditionally a male and female) and their biological or adopted children, living together as a household.

Egalitarian

Egalitarian refers to a belief in or practice of equal rights and opportunities for all people, opposing hierarchy and inequalities.

Permanent

Describes something that is intended to exist or last indefinitely without change, ending, or expiry.

Extended Family

Expands the nuclear family “vertically” by adding another generation—one or more of the spouses’ parents—to the household.