Which of the Following Is Not a Wage or Employment

question 294

Multiple Choice

Which of the following is not a wage or employment strategy that a union would follow?

• A) Set a maximum wage rate such that a shortage of workers will result.
• B) Set a wage rate such that all workers that want to find a job can find a job.
• C) Set a wage rate that will maximize the income of its members.
• D) Set a wage rate that will maximize the income of only some of its members.

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Definitions:

Factor Analysis

A statistical technique that explains the variance among observed, related variables through a smaller number of latent variables, known as factors.

Genetically Based

Characteristics or traits that are influenced by genes inherited from one's parents.

Cattell's Research

Research conducted by psychologist Raymond Cattell that focused on the study of personality and intelligence using factor analysis.

Personality

The compilation of various qualities and characteristics that shape an individual's distinctive personality.