Chapter 14: Problem 5
Compared with the share of workers in most other high-income countries, is the share of U.S. workers whose wages are determined by union bargaining higher or lower? Why or why not?
Chapter 14: Problem 5
Compared with the share of workers in most other high-income countries, is the share of U.S. workers whose wages are determined by union bargaining higher or lower? Why or why not?
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What determines the demand for labor for a firm with market power in the output market?
Why do employers have a natural advantage in bargaining with employees?
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Are firms with a high percentage of union employees more likely to go bankrupt because of the higher wages that they pay? Why or why not?
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