If an Industrial Union Is Able to Negotiate a Wage

question 73

Multiple Choice

If an industrial union is able to negotiate a wage above the market-clearing wage, employment in the industry will

• A)increase
• B)decrease
• C)increase, if the union can restrict the supply of labor
• D)increase, if the union can increase the supply of labor
• E)decrease due to the strike-breaking activity of the firm

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Definitions:

Cultural Gatekeeper

Individuals or organizations that have the power to control the flow of information and cultural materials to the public.

Creative Subsystem Member

An individual within an organization who is specifically involved in the creation and development of ideas, products, or advertising, contributing to the innovative output of the entity.

Culture Production Systems

are the frameworks and industries involved in creating, distributing, and promoting cultural products and meanings, such as music, art, and literature.

Social Vacuum

A hypothetical situation where social influences, pressures, or interactions are absent or minimized.