Give 4 Examples of Situations That Would Cause the DD-Curve

question 2

Essay

Give 4 examples of situations that would cause the DD-curve to shift to the left.

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Definitions:

Labor Relations (Wagner) Act

A foundational statute of US labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

1930s

The decade from 1930 to 1939, characterized by the Great Depression worldwide, economic hardship, and in some places, political instability.

1940s

A decade in the 20th century that experienced significant global events, including World War II and the beginning of the Cold War.

AFL

The American Federation of Labor, a national federation of labor unions in the United States founded in 1886, focused on skilled workers.