Answer to Question #62911 in Macroeconomics for Adam

Question #62911
The insider-outsider theory of unemployment says that .. (multiple answers can be correct) (a) trade unions do not internalize sufficiently the well-being of the unemployed. (b) trade unions can be a cause for involuntary unemployment. (c) trade unions tend to increase wages above the competitive level. (d) the position of trade unions should be bolstered in order to lower unemployment.
1
Expert's answer
2016-10-29T06:59:10-0400
a, c

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