If a Union Negotiates and Obtains a Wage Rate Above

question 271

Multiple Choice

If a union negotiates and obtains a wage rate above the competitive wage rate,

• A) it must find a way to make workers more productive.
• B) employment in the union sector will increase relative to employment in the nonunion sector.
• C) it must find a way to ration jobs among the excessive number of workers who wish to work in the union sector.
• D) unemployment will increase in the nonunion sector relative to the union sector.

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Definitions:

Buy-in

Refers to the agreement and acceptance by stakeholders or team members on a particular plan or idea.

Accountability

The responsibility of individuals or organizations to report, explain, and be answerable for resulting consequences of their actions.

Group Member Roles

The specific functions or parts played by individuals within a group, influencing the group's dynamics and outcomes.

Encourager

Someone who gives support, confidence, or hope to others, often fostering a positive environment.