Minimum wage laws are controversial for many reasons. One is that they may not be beneficial to
Question:
a. What type of workers is most likely to be paid the minimum wage?
b. What happens to employment of these workers when a minimum wage is enacted (or increased)?
c. Overall, who gains and who loses from a minimum wage law?
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a Lessskilled and usually young workers are most likely to be working fo...View the full answer
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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