The economy of the United States will experience drastic changes in employment trends over the next decade. Determine whether each of the following societal trends will result in an increase or decrease in the demand for workers. Increase in the demand for workers Decrease in the demand for workers Answer Bank an increase in online retail and increased reliance on information a greater reliance on overseas manufacturing and production an aging US population customers shopping online technology in everyday life increased access to healthcare increased automation in services and government assistance manufacturing industries Determine whether the provided effects of unions benefit only union workers or benefit society as a whole. Some effects may not benefit either party. Benefits only union workers Benefits society as a whole Answer Bank Collect dues Restrict supply of labor Sponsor training programs Counter monopsonist employer's market power Reduce employee turnover Featherbed work projects
The economy of the United States will experience drastic changes in employment trends over the next decade. Determine whether each of the following societal trends will result in an increase or decrease in the demand for workers. Increase in the demand for workers Decrease in the demand for workers Answer Bank an increase in online retail and increased reliance on information a greater reliance on overseas manufacturing and production an aging US population customers shopping online technology in everyday life increased access to healthcare increased automation in services and government assistance manufacturing industries Determine whether the provided effects of unions benefit only union workers or benefit society as a whole. Some effects may not benefit either party. Benefits only union workers Benefits society as a whole Answer Bank Collect dues Restrict supply of labor Sponsor training programs Counter monopsonist employer's market power Reduce employee turnover Featherbed work projects
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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