Discuss the likely impact of each af the following on the unemployment rate: a. The length of time, workers are eligible to receive unemployment insurance payments is cut in half, b. The government passes a law, making labor unions illegal. c. The minimum wage is raised by 50 percent. d. The government funds an Internet site where companies can post job openings at no charge.
Discuss the likely impact of each af the following on the unemployment rate: a. The length of time, workers are eligible to receive unemployment insurance payments is cut in half, b. The government passes a law, making labor unions illegal. c. The minimum wage is raised by 50 percent. d. The government funds an Internet site where companies can post job openings at no charge.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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