Macroeconomics - CH23 Unemployment and Inflation

Macroeconomics - CH23 Unemployment and Inflation

Macroeconomics - CH23 Unemployment and Inflation

Marco Kofel

Marco Kofel

Kartei Details

Karten 42
Sprache English
Kategorie VWL
Stufe Universität
Erstellt / Aktualisiert 04.10.2020 / 04.10.2020
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If unions bargain with the firms in Profunctia and set a wage rate equal to $14, what will be the level of employment, the size of the labor force, and the unemployment rate?

If the concern for retaining workers and encouraging high-quality work leads firms to set a wage rate equal to $16, what will be the level of employment, the size of the labor force, and the unemployment rate?