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Blob

Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

a minimum wage lawcreatesa labor surplus

orderto createa labor surplus

Minimum - wage laws and above - market union pay scalescauselabor surpluses

raising the minimum wage above three quarters of the median wagewill causea labor surplus

government intervention(passive) has been created byA labor surplus

Furthermore;Wage floors aka minimum wage prevent employees from forming contracts with the employerthereby creatingan labor surplus

Even considering a simple supply - demand model , a minimum wage rate above an equilibrium will lead to a higher supply of labor over demand of laborcausingsurplus labor

Employers in this recessioncreateda labor surplus

illegal immigration and record legal immigration(passive) created byThe surplus labor

training more PhDs than there are tenure - track jobs(passive) created bythe labor surplus

farming improvements in Southern Europe and the Russian Empirecreatedsurplus labor

countries in Southern Europe ( partly due to farming improvementscreatedsurplus labor

economic factors , changing markets , poor management , or some other factor unrelated to worker behavior(passive) caused bysurplus labor

 Movement from rural to urbancausedlabor surpluses

understandingcauseslabor surpluses

the 1965 Hart - Celler Act(passive) caused bythe labor surplus

an increase in aggregate demandcreatesa labor surplus

a legislated minimumcreatesa labor surplus

This is basic economics ;createa labor surplus

mergers and automated teller machines and other technology(passive) caused bylabor surpluses

the local labors ... store closingcreateslabor surplus

the productive labor(passive) created bythe surplus labor

the increasing liberalization of the Cuban economy(passive) created bysurplus labor

a surplus of laborscreatessurplus labor

pandemic - related mass layoffs(passive) created bythe labor surplus

Europe ’s population would swellcreatingmassive labor surplus

Workers , desperate for jobs , came to Cripple Creekcreatinga labor surplus

Smaller families ... more working - age adults relative to childrencreatesa labor surplus

a decrease in aggregate demandcreatesa labor surplus

to " control inflationary pressure " by disciplining labor(passive) is createdSurplus labor

the constant technological change within economies that unemploy people(passive) 's created bythe surplus labor

labor - saving machinery(passive) created bythe surplus labor

soldiers returning(passive) caused bythe labor surplus

Price controls on laborcreatesurplus labor

resource exhaustion(passive) caused bythe surplus labor

new intelligent machines(passive) created bythe labor surplus

fundamentally(passive) is ... createdLabor surplus

The Displaced Population presence in the Lac regionhas createda labor surplus

immigration policies that favor them(passive) caused bythe labor surplus

Using immigration policyto createa labor surplus

to mass rural to urban migration , primarily to Karachileadingto mass rural to urban migration , primarily to Karachi

to surplus value ergo profittherefore ... ledto surplus value ergo profit

to persisting unemploymentleadsto persisting unemployment

into the surplus value for the capitalist ( desai , 2002resultedinto the surplus value for the capitalist ( desai , 2002

surplus value ... and surplus labor allows exploitationcreatessurplus value ... and surplus labor allows exploitation

Unemployment and depressed wages(passive) are caused byUnemployment and depressed wages

surplus value which , if realized by the owning class on the market , becomes profitcreatessurplus value which , if realized by the owning class on the market , becomes profit

money wages to increase Ccausesmoney wages to increase C

The extra product(passive) created byThe extra product

workers from demanding higher wagespreventsworkers from demanding higher wages

wages from risingpreventswages from rising

income of RMB1,282,600createdincome of RMB1,282,600

new industries and more efficient economiescreatesnew industries and more efficient economies

wages to sink towould causewages to sink to

suppression of wagescreatessuppression of wages

to lower prices , new services , and somewhat more demandledto lower prices , new services , and somewhat more demand

to increased economic activity , which is a pleasant theory , much like the theory that MBS ’s are “ as safe as Treasuriesleadsto increased economic activity , which is a pleasant theory , much like the theory that MBS ’s are “ as safe as Treasuries

money wages to fall Ecausesmoney wages to fall E

from minimum wage lawsresultingfrom minimum wage laws

a deficit of jobs on hard - working , longtime citizens of their respective nationwill causea deficit of jobs on hard - working , longtime citizens of their respective nation

from waves of worksaving technology crashing against a frozen pre - computer workweekresultingfrom waves of worksaving technology crashing against a frozen pre - computer workweek

for capitalistscreatedfor capitalists

from the household responsibility systemresultingfrom the household responsibility system

a cheaper ready alternativehas createda cheaper ready alternative

to capitalleadsto capital

from agriculture mechanizationresultingfrom agriculture mechanization

by downsizing've createdby downsizing

to a decrease in nominal wages ( input cost ) and a rightward shift of SRAS Transitory Beneficial Supply Shock Temporary increase in output and temprorary decrease in price i.e. good growing conditionsleadsto a decrease in nominal wages ( input cost ) and a rightward shift of SRAS Transitory Beneficial Supply Shock Temporary increase in output and temprorary decrease in price i.e. good growing conditions

from the countrysideoriginatingfrom the countryside

to a drop in wagesshould leadto a drop in wages

from the transition from war - time to peace - time activitiesmay resultfrom the transition from war - time to peace - time activities

from economic restructuringresultingfrom economic restructuring

in Egyptoriginatingin Egypt

to the rise of a vast informal sector of the economy consisting of street vendors , rubbish scavengers , and prostitutesledto the rise of a vast informal sector of the economy consisting of street vendors , rubbish scavengers , and prostitutes

in extremely low wagesresultingin extremely low wages

to instabilityleadingto instability

in wage deflationhas resultedin wage deflation

to lower wages , a positive factor for employers seeking to cut their costsleadsto lower wages , a positive factor for employers seeking to cut their costs

losses(passive) caused bylosses

the real wage from rising significantly and the large pool of domestic saving prevented the interest rate from risingpreventedthe real wage from rising significantly and the large pool of domestic saving prevented the interest rate from rising

Blob

Smart Reasoning:

C&E

See more*