BUEC 280
Summer 1997
D. Maki
                     FINAL EXAMINATION

Instructions:  There are 20 questions on this examination,
all equally weighted.  Answer all questions.  For each
question, define the concept(s) in upper case, and answer
the question asked.

1.  Did the KNIGHTS OF LABOR belong to the TRADES AND LABOUR
CONGRESS?  Explain.

2.  What would be the effect of COLA CLAUSES on the short-
run PHILLIP'S CURVE?  Explain.

3.  What is the impact of the THREAT AND SPILLOVER EFFECTS
on nonunion wages?  Explain.

4.  Is BUZZ HARGROVE'S view of the proper role of trade
unions compatible with MUTUAL GAINS BARGAINING? Explain.

5.  Is government intervention in wage setting through
CONCILIATION, MEDIATION AND ARBITRATION justifiable?  Why?

6.  What is the difference between  FAIR WAGE LEGISLATION
and WAGE GUIDELINES (e.g. the Anti-Inflation Board)?
Explain.

7.  What would the MEDIAN VOTER MODEL predict about FRINGE
BENEFITS given current demographic trends?  Explain.

8.  If the SECTOR-WIDE BARGAINING provisions of the
recently-withdrawn B.C. Labour Code revisions were enacted,
would this have anything to do with "TAKING LABOUR OUT OF
COMPETITION"?  Explain.

9.  Does SURFACE BARGAINING have anything to do with
CONCESSION BARGAINING?  Explain.

10.  Discuss male-female differences iN unionization,
unemployment rates and wage rates.  Could there be any
connection among these?  Explain.

11.  Discuss the difference between SYSTEMIC DISCRIMINATION
and STATISTICAL DISCRIMINATION in the context of French
Canadians versus other Canadians.

12.  GRIEVANCE ARBITRATION is more widespread than INTEREST
ARBITRATION in Canada.  What factors might cause this?

13.  Do the factors causing "STICKY WAGES" also cause
FRICTIONAL UNEMPLOYMENT?  Explain.

14.  If unions maximize wages versus MAXIMIZE RENTS, does
this affect whether EFFICIENT BARGAINS occur along the
demand curve?  Explain.

15.  Is it possible to construct legislation which provides
EQUAL PAY FOR WORK OF EQUAL VALUE to equal quality workers?
Explain.

16.  If unemployment insurance were EXPERIENCE RATED, would
this remove MORAL HAZARD problems?  Explain.

17.  How could WORKSHARING and PROFIT-SHARING be solutions
to problems of CYCLICAL UNEMPLOYMENT?  Explain.

18.  Did the WINNIPEG GENERAL STRIKE have an impact on the
post-strike development of unions in Canada?  Explain.

19.  Name three main dimensions to HIDDEN  UNEMPLOYMENT.
What policies might deal with each?  Explain.

20.  What does Neoclassical theory predict about the THREE
VARIANTS OF DISCRIMINATION BASED ON TASTES?  Explain.