In France, labor laws typically made it very difficult or even illegal for firms to fire workers during economic downturns . How would these laws affect cyclical unem ployment as well as frictional and structural unem ployment ? ( Hint : Think about how these laws affect firms ' decisions to hire workers in the first place

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model
Section: Chapter Questions
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 In France, labor laws typically made it very difficult or even illegal for firms to fire workers during economic downturns . How would these laws affect cyclical unem ployment as well as frictional and structural unem ployment ? ( Hint : Think about how these laws affect firms ' decisions to hire workers in the first place

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