× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Rade An Rade An
wrote...
Posts: 14
Rep: 0 0
2 years ago
explain how someone who believes in neoliberal economic policy could argue that unions (or a minimum wage, or welfare) could create unemployment when the demand for labour decreases?
Read 136 times
1 Reply

Related Topics

Replies
wrote...
#1
2 years ago
Unions usually advocate for better pay from its employer. If a union manages to increase the minimum wage, businesses that experience seasonal fluctuations will be forced to lay-off their employees, and only keep a select few. When business picks back up again, they will rehire. In this case, the gains in which the union accomplished earlier have backfired, since the business owners couldn't afford to keep more people in their payroll.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1216 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 277
  
 282
  
 101
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Should Ph.D.'s be addressed as doctors?