--%>

Influences on union nonunion wage differentials

Significant influences on union non-union wage differentials comprise the: (1) Proportion of an industry which is unionized and the frequency of strikes. (2) Frequency of strikes, inflation and the collective bargaining policies. (3) Collective bargaining policies and the phase of business cycle. (4) Proportion of industry which is unionized and the phase of business cycle.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Market Power-Monopsony Power- Output

    Assume that a firm with market power in the output market wants to develop and that hiring more workers needs it to raise salaries 8 percent for all the workers. Output prices will most likely: (w) Increase 8 percent to cover the wage rise. (x) Increase less than 8 pe

  • Q : Production possibility history of World

    Can someone help me in determining the right answer from the given options. Through the onset of World War-II, the United States: (i) Expanded the military output just by increases taxes rigorously. (ii) Moved in the direction of its production possibilities frontier.

  • Q : Equilibrium price in short run The

    The equilibrium prices for cranberries within the short run of: (w) P1. (x) P2. (y) P3. (z) P4.

    Q : Cost conditions and market demand curve

    The fact that a firm along with market power adjusts output depending upon both cost conditions and the features of the market demand curve means that: (w) the amount which a monopolist produces tends to be more volatile than the outp

  • Q : When are price variation tendencies

    Price variation tendencies are indeterminate while we know simply that: (1) super star salaries make this hard for team owners to meet rising demands for sporting events. (2) more people main in music although demands for musicians are falling. (3) oi

  • Q : Excessively high production costs to

    The merely fast food restaurant conveniently located close to a fast-growing suburb may be rather profitable despite sloppy management and poor quality control. There market power can enable several firms along with excessively high production

  • Q : Absolute value of the proportional

    The absolute value of proportional change within labor hired divided through a proportional change within the wage rate is termed as the: (w) income/substitution coefficient. (x) employment wage response. (y) labor force participation rate. (z) elasti

  • Q : Preference current consumption over

    When the preference for current consumption over future consumption weakens, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income falls. (z) equilibrium level of investment falls.

  • Q : Decrement in opportunity costs and

    Opportunity costs and prices tend to be decreased by: (w) competition among speculators and other intermediaries. (x) price floors. (y) the exercise of monopoly power. (z) price ceilings. How can I

  • Q : Low marginal tax with basic income In a

    In a negative income tax system, where a combining fundamental income floor with low marginal tax rates gives in: (w) reduced incentives for “voluntary poverty.” (x) higher minimal standards of living for the poor. (y) an