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Use the market demand and supply curve to explain 1. the impact of union on labour market (the unemployment rate, and the level of wage
Use the market demand and supply curve to explain 1. the impact of union on labour market (the unemployment rate, and the level of wage rate). 2. the impact of technological improvement on labour market (the unemployment rate, the level of wage rate for unskilled labours) S Excess supply of labor Wu Wage Wo E D Qd Qe Qs Quantity of Labor
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