When a Union Raises the Wage Above the Equilibrium Level

question 48

Multiple Choice

When a union raises the wage above the equilibrium level,

• A)both the quantity of labor supplied and unemployment rise.
• B)both the quantity of labor supplied and unemployment fall.
• C)the quantity of labor supplied rises and unemployment falls.
• D)the quantity of labor supplied falls and unemployment rises.

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Definitions:

Remote Control

A device or system used to operate or manipulate another device from a distance, often wirelessly.

Smaller Horsepower Motors

Motors designed to deliver low power, suited for applications requiring minimal force and energy consumption.

Manual Motor Starters

Devices used to manually turn on or off electric motors, providing protection against overload and short circuits.

Fractional Horsepower Motors

Electric motors with a power rating less than one horsepower, commonly used in household appliances.