Test Bank For Industrial Relations in Canada 3rd Edition
1. According to the Organization for Economic Co-operation and Development, Canada isamong the worst countries in the developed world in terms of widening income gap. a. True b. False ANSWER: True |
2. Globalization has resulted in greater mobility of capital and decreases in the flow of goods. a. True b. False ANSWER: False |
3. An elastic supply curve for labour means that a small increase in wages will significantly increase labour supply. a. True b. False ANSWER: True |
4. An industry is said to be labour intensive if labour costs are a high proportion of total costs. a. True b. False ANSWER: True |
5. Unions will have more bargaining power when there is little competition in the firm’s product market. a. True b. False ANSWER: True |
6. A monopsony occurs when an organization is the sole market buyer of a good, service, or labour. a. True b. False ANSWER: True |
7. A key economic assumption is that labour is perfectly mobile. a. True b. False ANSWER: True |
8. In theory and in practice, labour markets are always competitive. a. True b. False ANSWER: False |
9. Monopsony exists when a firm is a wage setter but not a wage taker. a. True b. False ANSWER: True |
10. According to the Gallup Organization, there is little evidence that demand for unionization in North America is declining. a. True b. False ANSWER: True |
11. An argument in favour of restructuring policies is that they benefit workers who lack the necessary skills to compete in the new economy. a. True b. False ANSWER: False |
12. In 2013, The Conference Board of Canada concluded that more than one in seven Canadian children live in poverty. a. True b. False ANSWER: True |
13. Work organization, labour force composition, and individualization of human resources are examples of some of the profound changes that have occurred over the last 30 years. a. True b. False ANSWER: True |
14. Temporary and casual work falls under the category of contingent work. a. True b. False ANSWER: True |
15. Unions have had less success organizing contingent workers. a. True b. False ANSWER: True |
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