Economy: Chapter 9
When did labor unions begin to gain some legal rights in the United States? 1890s 1910s 1930s 1950s
1930s
How are wages for a particular job determined? By advertisements in the newspaper or online. By the equilibrium between the supply and demand for workers for that job. By the amount of inflation in the economy. By the Federal Wage and Hour Department.
By the equilibrium between the supply and demand for workers for that job.
According to economic theory, what happens to job opportunities in low-paying jobs when theminimum wage goes up? Job opportunities become more interesting. The jobs available become easier to get. The quantity of labor demanded by business goes down. The quantity of labor demanded by business goes up.
The quantity of labor demanded by business goes down.
In inflation-adjusted dollars, how have average wages in the United States changed in the last 20 years? Wages have gone up. Wages have gone down. Wages have varied every few years. Wages have stayed the same.
Wages have gone down.
Which is an example of using physical capital instead of human capital to get a job done? furniture made by hand a server in a fast-food restaurant an automatic teller machine a licensed practical nurse
an automatic teller machine
A settlement technique in which a third party reviews the case and makes a decision that is legally binding for both sides. arbitration mediation collective bargaining strike
arbitration
Someone working in industry or manufacturing, who receives wages. blue-collar worker contingent employee wage slave white-collar worker
blue-collar worker
Which jobs are expected to grow significantly? computer-related jobs manufacturing jobs police and fire fighters' jobs agricultural workers' jobs
computer-related jobs
The pay rate that gives neither an excess supply of workers nor an excess demand for workers: right-to-work law glass ceiling equilibrium wage productivity market chart
equilibrium wage
The practice of negotiating labor contracts that keep unnecessary workers on a company's payroll: featherbedding productivity picnic candy cane striping picket party underhiring
featherbedding
An unofficial, invisible barrier that prevents women and minorities from advancing in businesses dominated by white men. white-collar ring glass ceiling Wonder bread wrapper ivy fence
glass ceiling
An organization of workers that tries to improve working conditions, wages, and benefits for its members: workers cooperative employment collective right-to-work association labor union
labor union
The theory that education increases productivity and results in higher wages: screening effect ivy effect learning effect mortar board effect
learning effect
The value of a worker's output: quota productivity equilibrium product ergonomic
productivity
The EEOC handles which type(s) of discrimination complaints? race only race and sex only religion and nationality only race, sex, color, religion, or nationality
race, sex, color, religion, or nationality
A measure that bans mandatory union membership: right-to-work law glass ceiling Noonian-Soong Act picket oath
right-to-work law
The theory that the completion of college indicates to employers that a job applicant is intelligent and hard-working. ivy effect mortar board effect learning effect screening effect job rush effect
screening effect
Temporary or part-time work: candy cane striping seasonal employment featherbedding egress employment
seasonal employment
Labor that requires minimal specialized skills and education: white-collar employment semiskilled labor "name patch" positions "paper hat & fries" work
semiskilled labor
Workers who require specialized training and skills: skilled labor contingent employees paycheck jockeys productivity personnel
skilled labor
An organized work stoppage intended to force an employer to address union demands: blue flu picket party strike Pinkerton Bookery productivity picnic
strike
Which can be considered company benefits? overtime payments weekly wages the employee's payments to Social Security the employer's payments to Social Security
the employer's payments to Social Security
Someone in a professional or clerical job who usually earns a salary: white-collar worker rank-and-file skilled laborer paycheck jockey
white-collar worker