In 2020 in the United States, only about 10.8% of all workers belonged to a labor union. If union membership among workers increased to about 30% (roughly where it was in the 1950s in the US), what effect would we expect this to have? less bargaining power for workers O lower profit share of total income increased income inequality O increased racial and ethnic inequality
In 2020 in the United States, only about 10.8% of all workers belonged to a labor union. If union membership among workers increased to about 30% (roughly where it was in the 1950s in the US), what effect would we expect this to have? less bargaining power for workers O lower profit share of total income increased income inequality O increased racial and ethnic inequality
Chapter30: The Labor Market
Section: Chapter Questions
Problem 11E
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Transcribed Image Text:In 2020 in the United States, only about 10.8% of all workers belonged to a labor
union. If union membership among workers increased to about 30% (roughly where it
was in the 1950s in the US), what effect would we expect this to have?
less bargaining power for workers
O lower profit share of total income
increased income inequality
O increased racial and ethnic inequality
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