Reference no: EM13377060
1) Right-to-work laws in individual states:
a. make it illegal to require union membership as a condition for continued employment.
b. were allowed by the Taft-Hartley Act of 1947.
c. make it illegal to run a "closed shop" in that state.
d. all of the above.
2) An example of featherbedding would be:
a. a union trying to increase worker productivity.
b. a union trying to increase demand for union labor.
c. a union trying to increase demand for union-made products.
d. an act banned by the Taft-Hartley Act.
3) The Taft-Hartley Act of 1947 (the Labor Management Relations Act):
a. is the key legislative act that requires management to bargain with unions.
b. made certain union practices such as closed-shops illegal.
c. is the key legislative act that permits unions to organize and to strike.
d. is perceived by union leaders as the most important legislation enabling unions to improve the wages of their members.
4)In order to raise wages above the market level for its workers, a union must:
a. have monopsony power.
b. recruit better workers.
c. have the support of the government.
d. limit the supply of labor in an industry.
5) What are the effects of labor unions on wages and productivity?
a. Wages are lower for union members than non-union members because union dues are so high.
b. Productivity increases because the marginal factor cost is equated to the marginal revenue product of labor.
c. Wages are the same for union members and non-union members.
d. Productivity does not increase or decrease as the result of unions.
e. Wages are higher for union members than non-union members.
f. Productivity may decrease because of the way some collective bargaining rules specify how jobs should be done or productivity may increase due to reduced turnover.
g. Productivity increases due to reduced turnover or because of the way some collective bargaining rules specify how jobs should be done.
6) Under bilateral monopoly, the wage rate is:
a. indeterminate.
b. higher than the competitive wage rate.
c. equal to the competitive wage rate.
d. lower than the competitive wage rate.