Which of the Following Statements Is Correct

question 168

Multiple Choice

Which of the following statements is correct?

• A)​If unions successfully bargain for higher wages for their union members, employment among union members will increase.
• B)​Wages are higher in nonunion jobs than in union jobs of comparable skill.
• C)​The efficiency wage model asserts that higher wages will lead to higher productivity.
• D)​The imposition of a minimum wage above the market price for unskilled labor creates a shortage of labor.

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