Examlex

Solved

Consider the Labor Market for Autoworkers

question 92

Essay

Consider the labor market for autoworkers.Graph and explain how the following events would affect the labor demand curve for these workers:
a.Citizens become more concerned about the environment,choosing public transportation over motor vehicles.
b.Domestic pressures and governmental policy make it harder for firms to outsource their production to other countries.As business expands,firms must hire domestically.
c.Assembly line technology improves to the point where only a handful of workers are needed to operate the production system.


Definitions:

Clean Air Act

A United States federal law designed to control air pollution on a national level by setting emissions standards for sources like automobiles and industrial facilities.

NEPA

NEPA stands for the National Environmental Policy Act, a United States environmental law that promotes the enhancement of the environment and established the President's Council on Environmental Quality (CEQ).

Federal Law

Laws passed by the national government's legislative body that apply uniformly across the country.

Federal Agencies

Government entities established by the federal government to perform specific functions, duties, or services in the public interest.

Related Questions