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Discuss how the following changes would affect the natural ( or frictional) rate of unemployment: Elimination of unions Increased participation of teenagers in the labor
Discuss how the following changes would affect the natural ( or frictional) rate of unemployment:
- Elimination of unions
- Increased participation of teenagers in the labor market
- Larger fluctuations in the level of aggregate demand
- Increase in unemployment benefits
- Elimination of minimum wages
- Larger fluctuations in the composition of aggregate demand
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
