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Does the rise in automation have to mean that unemployment will grow in the long run? Explain and illustrate graphically using the wage-setting and price setting model of the labour market

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter30: The Labor Market

Section: Chapter Questions

Problem 14E

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Does the rise in automation have to mean that unemployment will
grow in the long run? Explain and illustrate graphically using the
wage-setting and price setting model of the labour market

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