Over the Long Run,technological Change Increases Both Labor Productivity and Unemployment

question 20

True/False

Over the long run,technological change increases both labor productivity and unemployment rates.

Understand the factors that limit a union's ability to increase wages above competitive levels.

Identify the consequences of unions successfully raising wages for its members and the broader labor market.

Analyze the impact of foreign and nonunion competition on union efficacy.

Distinguish between various factors that determine the demand for union labor.