What can be said about relative wage advantage of workers


Problem

Suppose that unionized workers in the retail sales industry earn $10 per hour and that nonunionized workers in the industry earn $8 per hour. What can be said about the relative wage advantage of unionized workers and the absolute effect of the union on its members' real wage?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What can be said about relative wage advantage of workers
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