3. Explain how an increase in the minimum wage could a. Reduce teenage employment but leave the...

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3. Explain how an increase in the minimum wage could

a. Reduce teenage employment but leave the teenage unemployment rate unaffected.

b. Reduce investment in human capital.

c. Leave the poverty rate unchanged.

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Contemporary Labor Economics

ISBN: 9780073375953

9th Edition

Authors: Campbell McConnell, Stanley Brue, David Macpherson

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