Restricting the Supply of Labor in Order to Increase the Wage

question 127

Multiple Choice

Restricting the supply of labor in order to increase the wage

• A)is a tactic used by both craft and industrial unions
• B)is a tactic more likely to be used by the American Medical Association (AMA)than the United Auto Workers (UAW)
• C)is a tactic more likely to be used by the UAW than the AMA
• D)is a tactic used solely by professional groups such as lawyers
• E)has less effect on the wage than direct negotiation does