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10. CHAPTER. Labor Markets and Income Distribution. EXHIBIT 10-1 Computech’s Demand for Labor. EXHIBIT 10-2 Computech’s Demand Curve for Labor. EXHIBIT 10-3 The Market Supply Curve of Labor. EXHIBIT 10-4 A Competitive Labor Market Determines the Firm’s Equilibrium Wage.

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  1. 10 CHAPTER Labor Markets and Income Distribution

  2. EXHIBIT 10-1 Computech’s Demand for Labor

  3. EXHIBIT 10-2 Computech’s Demand Curve for Labor

  4. EXHIBIT 10-3 The Market Supply Curve of Labor

  5. EXHIBIT 10-4 A Competitive Labor Market Determines the Firm’s Equilibrium Wage

  6. EXHIBIT 10-5 A Union Causes an Increase in the Demand Curve for Labor

  7. EXHIBIT 10-6 A Union Causes a Decrease in the Supply Curve of Labor

  8. EXHIBIT 10-7 Union Collective Bargaining Causes a Wage Rate Increase

  9. EXHIBIT 10-8 Factors Causing Changes in Labor Demand and Labor Supply

  10. EXHIBIT 10-9 Union Membership, 1930–2000 Source: Statistical Abstract of the United States: 2001, http://www.census.gov/prod/www/statistical-abstract-us.html, Table 637, p. 411.

  11. EXHIBIT 10-10 Union Membership for Selected Countries, 2000 Source: U.S. Department of Labor, Bureau of International Labor Affairs, Foreign Labor Trends 1997–2000, published by country.

  12. EXHIBIT 10-11 Division of the Total Annual Money Income among Families, 1929–2001 Source: U.S. Bureau of the Census, http://www.census.gov/hhes/income/histinc/incfamdet.html, Table F-2.

  13. EXHIBIT 10-12 Median Money Income of Families, 2001 *Fifty percent of families earn less and 50 percent earn more than the median income. Source: U.S. Bureau of the Census, http://www.census.gov/hhes/income/histinc/incfamdet.html, Tables F-7, F-11, and F-18.

  14. EXHIBIT 10-13 Real Median Family Income, 1980–2001 Source: U.S. Bureau of the Census, http://www.census.gov/hhes/income/histinc/incfamdet.html,Table F-6.

  15. EXHIBIT 10-14 Persons below the Poverty Level as a Percentage of U.S. Population, 1959–2001 Source: U.S. Bureau of the Census, Poverty in the United States: 2001, http://www.census.gov/hhes/www/poverty.html, p.5; Table A-1, pp. 18–21.

  16. EXHIBIT 10-15 Characteristics of U.S. Persons and Families below the 2001 Poverty Level Source: U.S. Bureau of the Census, Poverty in the United States: 2000, http://www.census.gov/hhes/www/poverty.html, Table 1, p. 3 and Statistical Abstract of the United States, 2002, http://www.census.gov/prod/www.statistical-abstract-us.html, Table 686, p. 445.

  17. EXHIBIT 10-16 Labor Markets without and with Racial Discrimination

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