ECS2604-24-S1 Welcome Message Assessment 2
QUIZ
Question 1
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If one sector of the economy becomes unionised and there is a spillover effect,
then
a. Wages will be higher in the non-unionised sector compared to the unionised
sector.
b. Wages may either increase or decrease in the non-unionised sector.
c. Wages will increase in the non-unionised sector.
d. Wages will remain unchanged in the non-unionised sector.
e. Wages will decrease in the non-unionised sector.
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Question 2
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In a dual labour market, the secondary segment is characterised by
a. good prospect of promotion.
b. informal employment.
c. good working conditions.
d. high-paying jobs.
e. high levels of job security.
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,4/6/24, 12:07 AM Assessment 2 (page 2 of 8)
ECS2604-24-S1 Welcome Message Assessment 2
QUIZ
Question 3
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Working-time flexibility can take the form of
[I] shift work
[II] overtime
[III] flexitime
a. All three forms are incorrect.
b. Only [II] and [III] are correct.
c. Only [I] and [III] are correct.
d. All three forms are correct.
e. Only [I] and [II] are correct.
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,4/6/24, 12:07 AM Assessment 2 (page 2 of 8)
Question 4
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Use the information in the following table to compare the unit labour costs of a
hypothetical firm between 2023 and 2024:
Year Daily wage per worker Number of units produced per day per worker
2023 100 10
2024 130 13
a. (b) The unit labour cost decreases between the two years.
b. (c) The unit labour cost remains the same between the two years.
c. (a) The unit labour cost increases between the two years.
d. (a), (b) and (c) are all incorrect.
e. (d) It is impossible to calculate the unit labour cost based on the
information in the table.
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, 4/6/24, 12:06 AM Assessment 2 (page 3 of 8)
ECS2604-24-S1 Welcome Message Assessment 2
QUIZ
Question 5
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Threat effect stands for
a. The increase in non-union wages due to threats to unionise.
b. The decrease in non-union wages from management threats to use
replacement workers during a strike.
c. The increase in non-union wages due to threats to strike.
d. The increase in union wages due to threats to strike.
e. The decrease in union wages from management threats to use
replacement workers during a strike.
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