1) In an analysis of the union - non-union wage differential, a complication is the fact that:

Select one:

A. Unions can influence productivity.

B. There are not very many unionized workers.

C. Unions can impact public policy.

D. One has to consider the minimum wage as well.

E. Unions can have an impact on the wages of non-union.

2) Which of the following statements concerning efficiency wages is false?

Select one:

A. An efficiency wage is designed to incite more efficient labour from the worker.

B. Efficiency wage premiums are paid voluntarily by employers without pressure from the workers.

C. Efficiency wage premiums are obtained through union power.

D. The efficiency wage is greater than the competitive, market clearing wage.

3) The entry effect refers to:

Select one:

A. The degree to which immigrants' earnings catch up over time to the earnings levels of their native counterparts.

B. The number of Canadians who experience job loss because of an inflow of immigrants.

C. The earnings penalty that new immigrants might experience compared to their native counterparts.

D. The number of immigrants that end up returning to their home country.

E. The brain drain.