Explain the decline in unionism based on the following hypotheses: i) Structural-change hypothesis ii) Substitution hypothesis Discuss briefly the following statement: "Labour unions have positive and negative impacts on the investment of firms."

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Chapter27: Wages, Unions, And Labor
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Explain the decline in unionism based on the following hypotheses:
i) Structural-change hypothesis
ii) Substitution hypothesis
Discuss briefly the following statement:
"Labour unions have positive and negative impacts on the investment of firms."
Transcribed Image Text:Explain the decline in unionism based on the following hypotheses: i) Structural-change hypothesis ii) Substitution hypothesis Discuss briefly the following statement: "Labour unions have positive and negative impacts on the investment of firms."
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