Discuss the impact of unions on relative wages (that is, compare the wages of union workers with those of nonunion workers).
As a result of union efforts to limit the supply of labor in certain industries, excluded workers have had to move to nonunion industries. The effect of these movements has been to raise wages in unionized industries and lower wages in nonunionized industries. There is a general consensus that unions have increased the relative wages of unionized workers by 15 to 20 percent.

Question

Quizplus · Accepted Answer

The Answer of Discuss the impact of unions on relative wages (that is, compare the wages of union workers with those of nonunion workers).
As a result of union efforts to limit the supply of labor in certain industries, excluded workers have had to move to nonunion industries. The effect of these movements has been to raise wages in unionized industries and lower wages in nonunionized industries. There is a general consensus that unions have increased the relative wages of unionized workers by 15 to 20 percent.

Discuss the Impact of Unions on Relative Wages (That Is