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When Unions Raise Wages in One Part of the Economy

question 4

True/False

When unions raise wages in one part of the economy, the supply of labor increases in other parts of the economy, which reduces wages in industries that are not unionized.


Definitions:

Warm-up

Activities or exercises performed before the main activity to prepare physically or mentally, often used in sports or public speaking.

Confident

Feeling or showing certainty about one's abilities, qualities, or ideas.

Lawful

Conforming to, permitted by, or recognized by law or rules.

Employer

An individual or organization that hires and pays people to perform work or provide services.

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