6. *Analyze the impact of an increase in the minimum wage from the current level to $10...
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6. *Analyze the impact of an increase in the minimum wage from the current level to $10 per hour. How would the following be affected?
a. employment of people previously earning less than $10 per hour
b. the unemployment rate of teenagers
c. the availability of on-the-job training for low-skilled workers
d. the demand for high-skilled workers who are good substitutes for low-skilled workers
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9781111970628
14th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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