If Union Demands Result in a Surplus of Labor in Some

question 13

Multiple Choice

If union demands result in a surplus of labor in some industries, the resulting

• A)increased demand for labor in the nonunion sector drives nonunion wages up
• B)decreased demand for labor in the nonunion sector drives nonunion wages down
• C)increased supply of labor in the nonunion sector drives nonunion wages down
• D)increased supply of labor in the nonunion sector drives nonunion wages up
• E)decreased supply of labor in the nonunion sector drives nonunion wages up

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Definitions:

Population

The entire pool from which a statistical sample is drawn and to which the researcher intends the results to apply.

Sample Standard Deviation

A statistic measuring the dispersion or variability of a set of sample data points around the mean.

Population Standard Deviation

A measure of the dispersion or spread of all values in a population.

Sample Size

The number of observations or entities used in a study or experiment.