When Unions Raise Wages in Some Sectors of the Economy

question 98

Multiple Choice

When unions raise wages in some sectors of the economy, what happens to the supply of labour in other sectors of the economy?

• A) It decreases, raising wages in industries that are not unionized.
• B) It decreases, reducing wages in industries that are not unionized.
• C) It increases, raising wages in industries that are not unionized.
• D) It increases, reducing wages in industries that are not unionized.

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Definitions:

Slow-Wave Sleep

A deep sleep stage characterized by low frequency, high amplitude brain waves, essential for restorative sleep and memory consolidation.

Creative Insights

Refers to the ability to gain an understanding or develop an idea through innovative and novel thinking.

Night Terrors

A sleep disorder causing feelings of terror or dread, typically occurring in the non-REM sleep phases, often accompanied by screaming or flailing and with little to no recollection of the dream content upon waking.

Nightmares

Distressing dreams that wake the sleeper, often involving feelings of fear, anxiety, or sorrow.