Which of the Following Decreases the Supply of Labor That

question 32

Multiple Choice

Which of the following decreases the supply of labor that competes with union labor?

• A) an increase in the minimum wage
• B) an increase in the demand for imported goods
• C) an increase in union members' productivity
• D) new laws that restrict immigration
• E) All of the above would decrease the supply of labor.

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Definitions:

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a debt.

Clear Title

Ownership that is free of liens, disputes, or legal questions, fully enabling the transfer to another party.

Breach of Condition

A Breach of Condition refers to the failure to meet a condition stated in a contract, which is so fundamental that it allows the other party to terminate the contract and seek compensation for damages.

Warranty

A guarantee provided by a manufacturer or seller regarding the condition of a product and a promise of repair or replacement if the product does not meet specified criteria.