QUESTION 1: In what ways do you think Unions contribute to unemployment. Do they affect structural unemployment but not the natural rate of unemployment? Or do they affect the natural rate of unemployment but not structural unemployment? Or do do they affect both structural unemployment and the natural rate of unemployment. Or do they affect neither structural unemployment nor the natural rate of unemployment? Refer to my slides to answer this question. Note you have known the definition of these terms which we covered in class.
QUESTION2: Can you do some research and find a firm that is expanding their workforce? And try and find whether they raised prices of their products or services?