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IRINA_888 [86]
3 years ago
15

When labor unions successfully bargain for wage rates that are _____ the equilibrium wage rate, they may cause _____. higher tha

n; an increase in structural unemployment equal to; shortages in that labor market lower than; frictional unemployment higher than; shortages in that labor market
Business
1 answer:
Delicious77 [7]3 years ago
3 0

Answer:

When labor unions successfully bargain for wage rates that are HIGHER THAN the equilibrium wage rate, they may cause AN INCREASE IN STRUCTURAL UNEMPLOYMENT.

Explanation:

When a labor union bargains for wages that are above equilibrium rate, this will produce the same effect as a price floor. The supply of labor will increase, while the demand for labor will decrease. This deadweight loss generated by high wages will result in an excess supply that will eventually lead to higher structural unemployment.

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Inessa [10]

Answer and Explanation:

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spending  on consumer goods vs capital goods effect on the economy

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6 0
4 years ago
Choose the term that matches each definition:
Mrac [35]

Answer and Explanation:

a. 4. Common ion effect, this is due to reduction in common ion effect

b. 1. SOlubility as the salt would be dissolved in 100 ml of water

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5 0
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GarryVolchara [31]

Answer:

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In the line of this argument it means that a farmer growing and of goods affects interstate commerce.

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Explanation:

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3 years ago
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