Answering the two following Labor Economics questions They are not related and will each require a d

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Answering the two following Labor Economics questions They are not related and will each require a different answer

1) Using an Aggregate Supply Aggregate Demand model and a few well-chosen sentences, explain why the unemployment created by cost-push inflation is so problematic for an economy’s labor market (10 points)

2) Use a monopsony model to show workers exploitation How might a union correct for this inefficiency? How might a union create inefficiency? (10 Points)

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