Reference no: EM132196312
1. Workplace governance under the mainstream economics model should include:
a. Government intervention in the form of laws and rules that protect worker rights to bargain collectively and establish labor standards
b. No government involvement.
c. Government intervention that establishes laws regarding good workplace practices.
d. Government intervention that establishes the right of workers to own the companies that they work for.
e. Government intervention in the form of laws and rules that guarantee high wages.
2. One reason that may explain the change in private sector union dates rates over the last 50 years is
a. the fact that our economy is less influenced by global factors than it was in the 1960s.
b. the decline in traditionally unionized industries such as manufacturing.
c. the decline in service and knowledge industries.
d. the fact that employment is growing faster in northern US states, than in southern states.
e. the fact that workers with more education are more likely to unionize than uneducated workers.
3. According to your textbook's author, unions are important to the effective functioning of a democratic society because they:
a. Create additional employment for people who do not want to work for corporations.
b. keep wages low.
c. Increase the competitiveness of labor markets.
d. Provide a counter to excessive political power of employers and employer associations.
e. Provide a counter to excessive political power of employers and employer associations.
4. The shock effect refers to the tendency for
a. firms taking steps to avoid unionization
b. firms to become more efficient in response to unionization
c. nonunion members to join unions because of the extreme wage
d. share prices to fall after a firm becomes unionized
e. nonunion firms to become unionized