Suppose that an incredibly delusional Australian government decides that not enough people watch daytime TV and, as a result, passes legislation requiring all employers to fire 20% of their workforce, making them sit at home and watch television all day.The effect of such a policy will:

Question

Quizplus · Accepted Answer

With 20% of the workforce fired, the remaining workers may be more productive on average, as less productive workers might be the ones let go.

Suppose That an Incredibly Delusional Australian Government Decides That Not