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    Principles of Macroeconomics Study Set 8
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    Exam 15: Unemployment: Unions and Collective Bargaining
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    Unions
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Unions

Question 40

Question 40

Multiple Choice

Unions


A) do not affect the natural rate of unemployment.
B) lower the wages of unionized workers.
C) raise the profits of unionized firms.
D) lower the wages of workers in industries without unions.

Correct Answer:

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