What is the impact on the wage for low-skilled labor

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Reference no: EM131162378

1. Are firms with a high percentage of union employees more likely to go bankrupt because of the higher wages that they pay? Why or why not?

2. Do countries with a higher percentage of unionized workers usually have less growth in productivity because of strikes and other disruptions caused by the unions? Why or why not?

3. If immigration is reduced, what is the impact on the wage for low-skilled labor?

Reference no: EM131162378

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