The Presence of Union Wages Leads to

question 76

Multiple Choice

The presence of union wages leads to

• A) a fall in the real wage rate as fewer people are hired.
• B) a fall in the real wage rate as more people are hired.
• C) less job search as more workers are hired.
• D) job rationing because the real wage exceeds the equilibrium real wage.
• E) lower unemployment because workers do not want to lose the high union wage they are being paid.

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Definitions:

Insomnia

A common sleep disorder characterized by trouble falling or staying asleep, resulting in insufficient or non-restorative sleep.

Narcolepsy

A persistent sleeping condition marked by excessive sleepiness during the day and abrupt sleep onset episodes.

REM Sleep

A sleep phase characterized by rapid eye movement, during which vivid dreams commonly occur. This stage is associated with increased brain activity.

Sleep Apnea

A sleep disorder characterized by pauses in breathing or periods of shallow breathing during sleep.