Winter 2024 1. In Frankland, 30% of workers work part-time, and the rest work full-time. In total, 40% of part-time workers are unionized, and 35% of full-time workers are unionized. (a) What percentage of the workers works full-time? (b) What is the unionization rate in Frankland? (c) If all the part-time workers got full-time jobs, would you expect the unionization rate to increase, decrease, or stay the same?
Winter 2024 1. In Frankland, 30% of workers work part-time, and the rest work full-time. In total, 40% of part-time workers are unionized, and 35% of full-time workers are unionized. (a) What percentage of the workers works full-time? (b) What is the unionization rate in Frankland? (c) If all the part-time workers got full-time jobs, would you expect the unionization rate to increase, decrease, or stay the same?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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