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Which of the Following Statements Is TRUE

question 112

Multiple Choice

Which of the following statements is TRUE?
I. Union members earn higher wages because unions restrict the supply of labor.
II. Unions are similar to cartels in that they restrict competition among workers.
III. Countries with more union members earn more than countries with fewer union members.


Definitions:

Government Contracts

Agreements made between a private company and the government to provide goods or services.

Mechanization

The process of using machinery and technology to perform tasks that were previously done manually.

Slave-Owning Indians

Indigenous peoples in the Americas who owned slaves, a practice influenced by European colonization.

Confederacy

The group of eleven southern states that seceded from the United States from 1860-1861, forming the Confederate States of America and initiating the Civil War.

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