Question

In: Economics

We would expect that policies to protect workers would: Multiple Choice have no impact on unemployment....

We would expect that policies to protect workers would: Multiple Choice have no impact on unemployment. lead to less unemployment. affect those seasonally unemployed more profoundly than other unemployed workers. lead to greater unemployment.

Solutions

Expert Solution

Option 4

lead to greater unemployment.

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Protecting workers means providing higher benefits to works and these kinds of policies increase net wage to workers and decrease the quantity demanded at the wage but more workers will like to work at the benefits so quantity supplied increases. It increases unemployment as Qs>Qd where Qs-Qd=unemployed.


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