Based on Wage Differentials Between Union and Nonunion Sectors, If

question 290

Multiple Choice

Based on wage differentials between union and nonunion sectors, if unions were abolished, wages in the union sector would _____, and wages in the nonunion sector would _____.

• A) rise; rise
• B) rise; fall
• C) fall; rise
• D) fall; fall

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Definitions:

Good Alternative

A suitable or preferable option that serves as a substitute for something else.

Present Alternative

Offering a different option or solution in response to a problem or proposal.

Easy Acceptance

The likelihood of being readily or quickly approved or admitted, often with minimal criteria or examination.

Financial Loss

A decrease in monetary value, often resulting from investments, business operations, or unforeseen expenses.