Which of the following is True regarding the U.S. economic environment of labor relations since 1960?
A) Economic upturns are associated with concession bargaining.
B) Globalization has decreased.
C) Real wages for high school graduates has been stagnant since the 1970s.
D) the earnings gap between high school graduates and college graduates has decreased.

Question

Quizplus · Accepted Answer

Real wages for high school graduates have been stagnant since the 1970s, indicating a lack of significant improvement in the economic environment for labor relations since 1960. Option A is incorrect as concession bargaining is associated with economic downturns rather than upturns. Option B is incorrect as globalization has increased since 1960. Option D is incorrect as the earnings gap between high school and college graduates has actually increased over time.

Which of the Following Is True Regarding the U