1. According to Becker's theory, employees and employers are hurt by discrimination.

True

False

2. In the 21st century, in the United States:

men earn more bachelors' degrees than women.

women earn more bachelors' degrees than men.

women earn fewer bachelors' degrees than men.

men and women earn approximately the same number of bachelors' degrees.

3. The National Labor Relations Board (NLRB):

was disbanded by the National Labor Relations Act.

represents employers in a labor dispute.

is charged with overseeing union certification elections and bargaining.

grants authorization to unions to strike.

4. A concern about affirmative action programs is that:

they lead to equal wages.

some see them as “enforced quotas”.

they always lead to equal opportunity.

they prevent reverse discrimination.

5. Which of the following occurrences will cause an upward shift in the supply curve for investable funds within the human capital market?

reduced wages in the market from wage discrimination

increased family resources

reduced number of low-interest student loans

enactment of legislation such as the GI Bill

6. The ______ the worker, the greater the ______ of attending college.

older; opportunity cost

younger; opportunity cost

older; direct cost

younger; direct cost

7. Individual workers are most likely to bear the cost of which type of training?

general training

specific training

OJT

product application training

8. Labor unions, dating from the late _____ century England, experienced highly unfavorable attitudes toward their existence until the Great Depression.

17th

18th

19th

20th

9. Successful collective bargaining in the union sector causes:

wages and employment to be higher in the nonunion sector.

wages to be lower but employment to be higher in the nonunion sector.

wages and employment to be lower in the nonunion sector.

wages to be higher but employment to be lower in the nonunion sector.