When a Union Raises the Wage Above the Equilibrium Level

question 433

Multiple Choice

When a union raises the wage above the equilibrium level,

• A)the quantity of labor supplied and unemployment both rise.
• B)the quantity of labor supplied and unemployment both fall.
• C)the quantity of labor supplied rises and unemployment falls.
• D)the quantity of labor supplied falls and unemployment rises.

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Definitions:

Intrusive

Referring to actions or things that are invasive or forcefully inserted into a situation or space without welcome.

Problem Behavior

Actions or patterns of behavior that are socially unacceptable or harmful to oneself or others.

Observing

The act of carefully watching or monitoring something or someone to gather information, often used in scientific research or behavioral studies.

Recording

The act of capturing data, sounds, images, or performances for later retrieval and analysis.