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In: Economics

In each of the following scenarios, indicate whether the unemployment rate will increase or decrease. a....

In each of the following scenarios, indicate whether the unemployment rate will increase or decrease.

a. The government increases income tax rates  (Click to select)  increase  decrease  uncertain

b. The government repeals a law that made it difficult to fire workers  (Click to select)  increase  decrease  uncertain

c. There is an increase in the percentage of workers who are unionized  (Click to select)  increase  decrease  uncertain

d. The number of weeks workers are entitled to unemployment benefits falls  (Click to select)  decrease  increase  uncertain

e. More firms begin to pay efficiency wages  (Click to select)  increase  decrease  uncertain

f. The government lowers the minimum wage  (Click to select)  decrease  increase  uncertain

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Rahul Sunny answered 1 year ago
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