Which of the Following Is Most Likely a FALSE Statement

question 30

Multiple Choice

Which of the following is most likely a FALSE statement about union membership?

• A) Employees prefer nonunion workers, so they pay them higher wages than union workers.
• B) In an attempt to organize workers aggressively, seven big unions formed one federation.
• C) In some industries, unionization has been linked to improved employee performance.
• D) Both blue-collar and white-collar industries have union members.

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Definitions:

External Benefit

A positive effect of a transaction or activity on a third party who is not involved in the transaction, also known as a positive externality.

Private Decisions

Choices made by individuals or businesses in the private sector, typically regarding consumption, investment, or production.

Efficiency

The effectiveness with which resources are used to achieve a desired outcome, maximizing outputs from given inputs without waste.

Transferable Rights

Rights that can be assigned or transferred from one party to another.