A Number of Economists Have Estimated the Impact of Unionisation

question 22

Multiple Choice

A number of economists have estimated the impact of unionisation on workers' wages.Which of the following is one conclusion reached by these studies?

• A)Union workers earn less than they would if they were not unionised.This is because of the impact of workers' strikes, during which union members do not receive wages.
• B)Holding constant the impact of other factors that affect wages, being in a union has no impact on a worker's wages.
• C)Being in a union increases a worker's wages by about 10 per cent, holding constant other factors that influence wages.
• D)The share of national income received by workers has increased significantly over time; unions have been responsible for about one-half of the increase in workers' share of national income from the end of World War II to 2000.

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Definitions:

Ileum

The final and longest segment of the small intestine, important in the digestion and absorption of nutrients.

Inguinal Hernia

A condition wherein a portion of the intestine protrudes through a weak spot in the abdominal muscles near the groin area.

Obstruction

The act of blocking or impediment of something, often used medically to describe the blockage of a bodily passage or organ.

Gangrene

The death of body tissue due to either a lack of blood flow or a serious bacterial infection, often affecting extremities like toes, fingers, and limbs.