Economics: Principles and Practices © 2008

Chapter 8: Employment, Labor, and Wages

Multiple Choice Quiz

1
Between 1778 and the beginning of the Civil War, most American unions were comprised of __________.
A)skilled workers
B)unskilled labor
C)immigrants
D)industrial workers
2
A situation in which workers do not have to belong to the union to be hired but must join soon after and remain a member for as long as they keep their job is called ______.
A)agency shop
B)closed shop
C)modified union shop
D)union shop
3
An association of skilled workers who perform the same kind of work is known as a ______.
A)craft union
B)industrial union
C)company union
D)independent union
4
During the Great Depression, unions were given a boost when ______.
A)the United Hatters Union won its case
B)common problems united workers
C)one in four workers lost their jobs
D)the Sherman Antitrust Act was passed
5
A court order directing a union not to strike or a company not to lockout its workers is called a/an _________.
A)arbitration
B)injunction
C)mediation
D)seizure
6
The process by which unions and employers negotiate the conditions of employment is known as ______.
A)picketing
B)collective bargaining
C)boycotting
D)arbitrating
7
What signal does a college degree send to a potential employer?
A)The applicant has the maturity to succeed.
B)The applicant has the intelligence and/or ability to be successful.
C)The applicant understands how to set and achieve goals.
D)All of the above are correct.
8
Women and teenagers contributed to the decline in unions by _______.
A)becoming part of the management teams
B)forcing up prices of union-made products
C)accepting lower wages than union members
D)causing layoffs of union members
9
The minimum wage will automatically rise when prices rise if it is linked to ______.
A)current dollars
B)inflation
C)manufacturing wages
D)a base year
10
The term “real dollars” means that prices and/or wages have been adjusted for ______.
A)increased minimum wages
B)inflation
C)higher tax rates
D)discrimination
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