Trade Union Influence on Wages and Employment (AQA A-Level Economics): Quizzes

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Trade Union Influence on Wages and Employment
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What is collective bargaining?

Unions negotiating with employers for all

In economic theory, how are trade unions modelled?

Monopoly suppliers of labour

Which factors have weakened UK trade union power?

Employment Acts & international competition

Where are UK trade unions now most powerful?

Industries protected from int'l competition

What type of unemployment do unions create in perfectly competitive labour markets?

Classical or real-wage unemployment

If union wage is W2W_2, with L2L_2 jobs available and L3L_3 willing workers, what is unemployment?

L3−L2L_3 - L_2

What is a closed shop?

A workplace where only union members work

How do union effects differ between monopsony and perfectly competitive labour markets?

Monopsony: both up; Perfect: wages up, jobs down

How can unions increase both wages and employment according to the productivity argument?

Accepting tech progress & new work methods

In 2022 RMT rail strikes, what pay rise was requested vs offered during the cost-of-living crisis?

Requested 7%, offered 3%

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