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Business, 22.07.2019 19:10 byers024

What effect do labor unions have on the unemployment rate? a. labor unions can significantly increase the unemployment rate when members go on strike. b. by increasing the wage above market equilibrium, labor unions considerably decrease the unemployment rate. c. by increasing the wage above market equilibrium, labor unions considerably increase the unemployment rate. d. since few non-government workers are unionized, there is no significant effect on the unemployment rate.

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