Author Question: An important unanswered question about the role of unions in developed economies is whether the ... (Read 74 times)

poopoo · **on:** Oct 12, 2022

An important unanswered question about the role of unions in developed economies is whether the presence of unions affects long-run productivity. There is some evidence to suggest that the presence of a union
◦ reduces the demand for labour and therefore the demand for physical capital.
◦ reduces the expected profitability of installed capital and therefore leads to reduced capital investment by firms.
◦ reduces the level of employment (because of the union-wage premium) and thus raises the marginal product of labour.
◦ decreases the human capital of unionized workers, and therefore reduces long-run productivity.
◦ increases the human capital of unionized workers, which leads to increased long-run productivity for the firm.

Sophia0717 · **Reply #1 on:** Oct 12, 2022

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 25% of students answer this correctly