What impact would a system of unemployment compensation have on a union’s ability to win wage increases for its members? Are workers and employers who practice reciprocity irrational? True, False, and...

What impact would a system of unemployment compensation have on a union’s ability to win wage increases for its members? Are workers and employers who practice reciprocity irrational? True, False, and Explain. If labor is hired in a monopsonistic market, a minimum wage will always guarantee employment will increase.