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Explain What Type of Wage Rigidity Is Most Likely to Affect

Question 101

Essay

Explain what type of wage rigidity is most likely to affect the unemployment rates of the following types of workers:
a.workers with low marginal labour productivity;
b.workers seeking jobs that are typically unionized,such as longshoremen and electricians; and
c.workers engaged in creative work that is not easily monitored.

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a.minimum ...

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