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Which of the following statements regarding labor unions and wage bargaining is correct? A. A labor union can set both the wage level and the

Which of the following statements regarding labor unions and wage bargaining is correct?

A. A labor union can set both the wage level and the employment level.

B. A labor union is not helpful if it cannot negotiate a higher wage.

C. Unions may choose to restrain their use of bargaining power.

D. The unions' bargaining power comes from their ability to shut down firms permanently.

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