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.