Why would mandating benefits tend to make most workers worse off, once money wages have adjusted to

Question:

Why would mandating benefits tend to make most workers worse off, once money wages have adjusted to the changes? If it was “worth the cost” to workers, why wouldn’t employers have already offered those benefits?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

Question Posted: