Unions tend to increase the disparity in pay between insiders and outsiders by ?

Related Mcqs:

The natural rate of unemployment is likely to fall if ?

A. unemployment benefits increase B. Income tax increases C. More training is available for the unemployed D. Geographical immobility increases...

If there is cyclical unemployment in the economy the government might ?

A. Increase interest rates B. Encourage savings C. Cut taxes D. Reduce government spending...

Some frictional Unemployment is inevitable because ?

A. of minimum wage laws B. There are changes in the demand for labour among different firms. C. Of unions D. All of these answers E. Efficiency wages may hold the wage...

Which of the following statements about efficiency wage theory is true ?

A. Paying above the competitive equilibrium wage tends to cause workers to shirk their responsibilities B. Firms do not have a choice about whether they pay efficiency wages or not because these wages are determined by law C. Paying the lowest possible wage is always the most efficient (Profitable) D. Paying above the competitive equilibrium … Which of the following statements about efficiency wage theory is true ?Read More...

Occupational immobility of labour occurs if ?

A. People lack information B. People do not want to work C. People do not have the right skills to work D. People cannot afford to move location...