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Qaagi - Book of Why

Causes

Effects

real wages being above market equilibrium leading to excess supply of labour(passive) caused byclassical unemployment

a wage nmw above the equilibrium classical economists(passive) caused byclassical unemployment of q1-q2

when wages are ‘ too ’ high , source(passive) is causedClassical unemployment

when the wages are ' ' too high(passive) Is causedClassical Unemployment

a large increase in real wages and in the wage sharehad created' classical unemployment

when wages are ‘ too ’ high classical unemployment is also called real wage unemployment seasonal unemployment(passive) is causedClassical unemployment

real wages being too high in the sense that workers would like to supply more labour at the prevailing real wage than firms would be willing to hire(passive) is caused byClassical unemployment

Unionizationcreatesclassical unemployment

Minimum wage lawscan causeclassical unemployment

their presencecausesclassical unemployment

the real wage being too high for reasons originating on the supply side of the economy(passive) is caused byClassical unemployment

keeping the wage level above the equilibrium level(passive) is caused byClassical Unemployment

Those who do not want to sell at this price in the labor marketwill causeclassical unemployment

Another reasonleadsto classical unemployment

high existent pay rates(passive) caused byclassical unemployment

the national minimum wage ... a policycan leadto classical unemployment

keeping the wage level above the equilibrium phillips curve(passive) is caused byClassical unemployment

which of the following(passive) can be caused byClassical unemployment

from the legislative and economic choices made by labour unions or political parties refmay resultfrom the legislative and economic choices made by labour unions or political parties ref

from the legislative and economic choices made by labor unions and labor partiesmay resultfrom the legislative and economic choices made by labor unions and labor parties

from the legislative and economic choices made by labor unions and/or political partiesmay resultfrom the legislative and economic choices made by labor unions and/or political parties

from the unemployment rate for Lists of countriesmay resultfrom the unemployment rate for Lists of countries

from union bargaining and government regulation causing inefficiency in the labor marketmay resultfrom union bargaining and government regulation causing inefficiency in the labor market

when wages are ‘ too ’ highis causedwhen wages are ‘ too ’ high

the wage ratessetthe wage rates

the wage nigerian economic growth nigeriasetthe wage nigerian economic growth nigeria

from the legislative labour unions or political partiesmay resultfrom the legislative labour unions or political parties

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