--%>

Reducing proportion of the work force

The assertion which unions are more powerful nowadays than ever before is: (i) Supported by the consequences of the union contracts on an inflationary spirals. (ii) Reflected in the growing proportion of workers included in violent, protracted and costly strikes. (iii) Contrary to the fact that a reducing proportion of the work-force is unionized. (iv) Explained by the growing persuade of unions in the national politics.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Perspective of Sociologists and

    Far more than economists and sociologists tend to emphasize human needs for power, status, and class. Research which supports the perspective of sociologists comprises findings that: (1) people whose incomes are the average of per capita world income

  • Q : Income Distribution by Marginal

    As per the marginal productivity theory of income distribution, within a system of market capitalism, in that case income is distributed primarily in accord along with: (1) resource productivity and ownership. (2) how

  • Q : Organizing business to maximize the

    I have a problem in economics on organizing business to maximize the funds. Please help me in the following question. The entrepreneur who wants to maximize her firm’s admittance to funds from investors or banks must organize the business as a: (1) Proprietorshi

  • Q : Monopsony power without wage

    Can someone help me in finding out the right answer from the given options. The Minimum wage laws are most probable to increase the equilibrium employment when a firm has been exercising: (1) Monopoly power and price discrimination. (2) Employee choice in markets for

  • Q : Define average cost Average cost : It

    Average cost: It is the cost per unit of output.

  • Q : How market demand curve is obtained I

    I have a problem in economics on market demand curve. Please help me in the following question. The market demand can be obtained via the: (1) Summation of all the quantities demanded whenever market is in equilibrium. (2) Vertical summation of each a

  • Q : Financial Asset of Annual Income

    Perpetuity is a: (w) life insurance policy which matures upon retirement. (x) nondepreciable piece of capital. (y) financial asset which pays its owner an annual income forever. (z) pyramid scheme as a chain letter.

    Q : Expected Rate of Inflation What is the

    What is the Expected Rate of Inflation. Illustrate the term.

  • Q : Social Welfare and Labor Market

    The labor market functions inefficiently when labor is hired only up to a point where, for last worker: (1) VMP = w. (2) VMP minus MRC surpasses zero and is maximized. (3) P x MPPL = w. (4) Added net revenue equivalents added net cost.

    Q : Problem on unionized construction

    The passage of a significantly higher legal minimum wage would be most probable to advantage: (1) College professors. (2) American high-school dropouts in their teens. (3) Philosophy majors. (4) Unionized construction workers. (5) Foreign workers whose production is e