Suppose the unemployment rate is very low. How does the low unemployment rate change the relative bargaining power of workers and firms? a. What do your answers imply about what happens to the wage as the unemployment rate gets very low?
b. Given your answer to part (a) why is there unemployment in the economy? (What would happen to real wages if the unemployment rate were equal to zero?)

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $