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Trade Unions Cause Unemployment Because the Union Contract Wage Is

Question 113

Multiple Choice
Trade unions cause unemployment because the union contract wage is set:

Trade unions cause unemployment because the union contract wage is set:


A) below the market wage, causing a shortage of labour.
B) below the market wage, causing a surplus of labour.
C) above the market wage, causing a surplus of labour.
D) above the market wage, causing a shortage of labour.

Correct Answer:

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