
Labor and Wages
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Social Studies
9th - 12th Grade

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the chart, most workers are...
not part of a union
part of a union
represented by a union
looking to join a union
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of labor is part of the branch of economics called...
Macroeconomics
Microeconomics
Civilian Labor Force
the Right-to-Work
Answer explanation
The study of labor is part of macroeconomics. Macroeconomics is the branch of economics that deals with the economy as a whole.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the jobs of the union is to bargain with management for wage rates and benefits. This system is known as...
the traditional theory of wage determination
equilibrium wage rate
the theory of negotiated wages
the signaling theory
Answer explanation
The theory of negotiated wages states that organized labor’s bargaining strength is a factor that helps determines wages.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your health, skills, education and abilities are just some of the things that make up your...
human capital
wage
category of labor
labor mobility
Answer explanation
One of the main contributions to productivity comes from investments in human capital, the sum of the skills, abilities, health, and motivation
of people.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sam has recently graduated from college and has earned a degree. This degree shows the employers that Sam has acquired professional skills and should be paid more for them. This is known as...
the traditional theory of wage determination
equilibrium wage rate
the theory of negotiated wages
the signaling theory
Answer explanation
Signaling theory: This theory states that employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators or “signals” of superior ability.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which category of labor requires workers to operate complex equipment and machinery?
Unskilled
Semi skilled
Skilled
Professional
Answer explanation
Skilled labor includes workers who are able to operate complex equipment and can perform their tasks with little supervision. These workers represent a higher investment of human capital, especially in the areas of experience and training.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a worker's skills are needed, they will be offered more money by an employer. This idea is known as...
the traditional theory of wage determination
equilibrium wage rate
the theory of negotiated wages
the signaling theory
Answer explanation
Traditional theory of wage determination: The theory states that the supply and demand for a worker’s skills and services determine the wage or salary.
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