A government has concerns about employers gaining greater monopsony power during the wage bargaining process. Which policy mix is most likely to raise workers’ wages and employment prospects?
- Atrade union powers strengthen; immigration controls relax; national minimum wage cut
- Btrade union powers strengthen; immigration controls strengthen; national minimum wage raise
- Ctrade union powers weaken; immigration controls relax; national minimum wage cut
- Dtrade union powers weaken; immigration controls strengthen; national minimum wage raise