Question

1. What would Hoffa do? Explain whether or not a union leader who wanted higher wages without much of a reduction in employment would support the following and say why. If it could go either way, explain when he would be for it and when he would be against it.
   1. A movement to raise wages and working conditions in foreign countries.
   2. Tax credits for investment in capital.
   3. Mergers in the union’s industry that creates a monopoly in the output market.

Answer 1

a. A movement to raise wages and working conditions in foreign countries.

He would favour this as this is a step for the betterment of labour class.

c Mergers in the union’s industry that creates a monopoly in the output market.

He would support it as long as prices of the goods produced are kept affordable because usually monopoly means excessively higher prices making it unaffordable for labour as well as middle class to purchase the things of their needs.