If the United Auto Workers' Union Obtained a 15 Percent

question 25

Multiple Choice

If the United Auto Workers' Union obtained a 15 percent increase in the wages of its workers, employment in the auto industry would most likely fall if

• A) the demand for American-made automobiles was highly inelastic.
• B) American consumers considered foreign automobiles a poor substitute for American-made automobiles.
• C) the demand for American-made automobiles was highly elastic.
• D) the demand for American-made automobiles was increasing.

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Definitions:

Oceanic Fracture Zones

Linear oceanographic features caused by the movement of tectonic plates, characterized by significant variations in depth and topography.

Seafloor

The bottom of an ocean or sea, composed of various geological features including ridges, valleys, plains, and trenches, shaped by processes like volcanic activity, sediment deposition, and tectonic movements.

Mid-Ocean Ridges

Oceanic mountain chains that develop due to the movements of tectonic plates, leading to the formation of new sea floor as a result of volcanic eruptions.

Cracks

Thin, linear fractures or separations in materials or geological formations, typically occurring without the displacement of the sides.