Impact of trade union power reduction on AD-AS model - SR, LR, MR. given pe=pt-1? - how do i increase my income as a pt
And if that potential income of a country increases * the legislators of the Union, because reducing the monopoly power of trade. What are the short-, medium-and long-run price and income levels in the AD-like model? This price expectations are formed by PE = PT-1
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I can not determine exactly which model of the economy is concerned that my expectations for such an act on the U.S. economy will declare today.
The short-term effect would be a greater concentration of wealth.
The medium would reduce economic growth in the average wages would be reduced.
The long-term consequence would be a change in our Congress people are working with stronger relationships and laws are repealed. The economy would take an extremely long time, until the force restore it in the past. The recent Republican control of our government has tried to take a course to what you describe is to follow in the vicinity.
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