Multiple Choice
If competition laws were applied to unions, which of the following would most likely happen to the natural rate of unemployment?
A) The natural rate of unemployment would increase, other things being the same.
B) The natural rate of unemployment would decrease, other things being the same.
C) The natural rate of unemployment would not change.
D) The effect on the natural rate of unemployment is uncertain.
Correct Answer:
Verified
Correct Answer:
Verified
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