Available research suggests that the union wage advantage diminishes the national output by:

A) 15 percent.
B) 8 percent.
C) 3 percent.
D) less than 1 percent.

Union Wage Advantage

Union wage advantage refers to the higher wages that unionized workers typically earn compared to their non-union counterparts.

National Output

The total value of all goods and services produced by an economy within a specific period, often measured as Gross Domestic Product (GDP).

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.