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Question: Discuss the likely effect of each of the following on the unemployment rate:

a. The length of time workers are eligible to receive unemployment insurance payments doubles.

b. The minimum wage is abolished.

c. Most U.S. workers join labor unions.

d. More companies make information on job openings easily available on Internet job sites.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93109569

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