1. The Labor Management Reporting and Disclosure Act was created in an effort to protect union leaders and members from illegal practices committed by their employers.

True

False

2. The ultimate power of a union is the willingness of its members to __________ if no agreement is reached during negotiations.

work at a lower production rate

strike

collectively bargain

sabotage company

3. Which of the following has not contributed to growing income inequality?

immigration

growth in the number of high-tech jobs

growth in executive pay

growth in the number of college graduates

4. The dual labor market hypothesis proposes that jobs in the secondary market have high wages, good working conditions, and chances of advancement.

True

False

5. Since younger people have longer earning horizons, they are more likely to invest in human capital and education.

True

False