It is estimated that, on the average and ________, union wages are ________ because ________.
A) taking account of skill differentials; 30 percent higher than nonunion wages; union workers are better qualified than nonunion workers
B) without taking account of skill differentials; equal to nonunion wages; differentiating based on union membership is discrimination and illegal
C) without taking account of skill differentials; 15-20 percent higher than nonunion wages; employers are biased against nonunion workers
D) taking account of skill differentials; 30 percent higher than nonunion wages; in some industries union workers perform jobs that require greater skill than nonunion workers and employers show bias against nonunion workers
E) without taking account of skill differentials; 30 percent higher than nonunion wages; in some industries union workers perform jobs that require greater skill than nonunion workers
Question 2
Consumers often base their spending on their estimated permanent income.
Indicate whether the statement is true or false
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