In the long run,high union density lowers investment and employment growth.

Question

Quizplus · Accepted Answer

Several studies have found that high union density can lead to lower investment and employment growth in the long run. This is due to several factors, including higher labor costs, increased regulations, and lower flexibility in adjusting to new market conditions. However, it's worth noting that the relationship between union density and economic growth is complex, and other factors such as education, innovation, and trade also play an important role.

In the Long Run,high Union Density Lowers Investment and Employment