Section 1865 k: HW Ch. 17 4 of 35 (3 complete) Hw s r Exercise 3.15 Employment P

Question

Section 1865 k: HW Ch. 17 4 of 35 (3 complete) Hw s r Exercise 3.15 Employment Protection Regulations True or False? Employment protection regulations offer employees job security They tend to increase the overall rate of unemployment. Employment protection makes it easier for businesses to get rid of less-productive workers. When employment protection regulations are present, firms tend to hire fewer people. Employment protection regulations contribute to cyclical unemployment swer(s) and then click Check Answer. Clear All

Explanation / Answer

Employment protection regulation makes it easier for businesses to get rid of less productive worker(False)

Strong labor laws do not allow employer to get rid of less productive workers.

When employment protection regulations are present, firms tend to hire fewer people: (True)

It may be true for small firms but it is still disputed fact.

Employment protection regulation contributes to cyclical unemployment (False)

Cyclical unemployment is associated with fall in aggregate demand in economy.

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