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Some economists argue that the american medical association and the american bar association create an effect on labor markets similar to that of a labor union. Do you agree?

Sagot :

Both American medical and American bar association create labor markets this is because the two associations both employ individual that are qualified for their fields restricting entries on unqualified candidate.

What is labour market?

Labour market is a platform for labour demand and supply such that he employees provide all there service demanded of them and the employer supplies all that the employee demands.

The two associations both provides employee that are qualified for their fields and medical and

demand and supply of labour are both regulated.

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