3. If California introduces a minimum wage of $8 an hour, (a) is the minimum wage of...

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3. If California introduces a minimum wage of $8 an hour, (a)

is the minimum wage of $8 an hour efficient?

(b) Who gains and who loses from the minimum wage of $8 an hour? Is it fair?

Source: CBS News, November 10, 2015 In the News

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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