Question by : some please help me with these economics questions i really need help?
1.
The wage at which the number of workers needed equals the number of workers available is the
A) balanced wage.
B) fair wage.
C) equilibrium wage.
D) minimum wage.
2.
Which of the following would probably cause a labor shortage?
A) Increasing the pay of bank tellers from 10 to 15 dollars per hour
B) Reducing the pay of retail sales clerks from 10 to 7 dollars per hour
C) Increasing the yearly sick days of file clerks from 5 to 10
D) Allowing executives at a business to work 10 hours per week at home
3.
Which of the following professions requires the highest human capital?
A) Architect
B) Bricklayer
C) Carpenter
D) House cleaner
4.
Wage rates are determined by
A) supply and demand.
B) the number of available jobs.
C) the number of available workers.
D) the unemployment rate.
5.
Workers with higher amounts of human capital tend to
A) demand less benefits.
B) earn higher wages.
C) have fewer job complaints.
D) earn lower wages.
6.
Today in the United States, about 30 percent of the labor force have
A) an advanced degree.
B) a college degree.
C) a high school diploma.
D) less than a high school education.
7.
Which of the following jobs has become obsolete because technology has advanced?
A) Furniture maker
B) Soybean farmer
C) Telegraph operator
D) Computer designer
8.
The practice of contracting with an outside company to provide goods or services is called
A) contract sourcing.
B) foreign sourcing.
C) outsourcing.
D) tertiary sourcing.
9.
The tertiary sector is made up of jobs related to
A) natural resources.
B) the production of energy.
C) the production of goods.
D) service industries.
10.
Since the 1950s, the percent of the U.S. labor force working in manufacturing has
A) declined slightly.
B) declined by a large amount.
C) increased slightly.
D) increased by a large amount.
11.
If Susan worked as a teacher in the late 1800s, which of the following could she join?
A) The AFL
B) Knights of Labor
C) Either the AFL or the Knights of Labor
D) Neither
12.
Which organization pulled together unions that were already formed?
A) The AFL
B) Knights of Labor
C) Both
D) Neither
13.
Which organization included skilled workers?
A) The AFL
B) Knights of Labor
C) Both
D) Neither
14.
If Jeremy received money from a strike fund when he went on strike in the late 1800s, which of the following was he probably a member of?
A) The AFL
B) Knights of Labor
C) Either the AFL or the Knights of Labor
D) Neither
15.
Which of the following was a trait of the early AFL?
A) Opposed using strikes or collective bargaining
B) Recruited individual workers
C) Recruited female workers
D) Tried to unionize only skilled workers
16.
The government’s power to intervene if a strike threatened national security was increased by the
A) Fair Labor Standards Act.
B) Landrum-Griffin Act.
C) Taft-Hartley Act.
D) Wagner Act.
17.
A mediator decides in favor of textile workers and raises their salaries. Management must accept this decision. What is this process called?
A) Binding arbitration
B) Collective bargaining
C) Equitable determination
D) Objective settlement

18.
Unions limit the operation of
A) democracy.
B) the justice system.
C) market forces.
D) the military.
19.
A gasket factory requiring its workers to join a union in a set time period after being hired is a
A) closed shop.
B) machinist shop.
C) skill shop.
D) union shop.
20.
If a union formed that included all workers who produce clothing, what type would it be?
A) Craft union
B) Industrial union
C) Political union
D) Skill union
21.
An organization of workers that seeks to improve working conditions is called
A) a labor union.
B) a closed union.
C) an open union.
D) a skill union.
22.
The reputation of labor unions declined when investigators discovered that some unions had ties with
A) dictatorships.
B) foreign powers.
C) the military.
D) organized crime.
23.
Which of the following people is part of the civilian labor force?
A) 12-year-old boy who sells lemonade
B) 19-year-old woman who works as a waitress
C) 25-year-old man who is in the U.S. Army
D) 40-year-old woman who is in prison
24.
The first nationwide union that organized workers by industry was the
A) American Railway Union.
B) AFL.
C) Knights of Labor.
D) National Labor Union.
25.
Which of the following acts would a company ignore if it refused to pay extra for overtime work?
A) Fair Labor Standards Act
B) National Labor Relations Act
C) Norris-LaGuardia Act
D) Taft-Hartley Act

Best answer:

Answer by SDD
You’ll have a lot better luck here if you ask a question rather than post your homework for others to do.

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