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 lowskilled workers
d. the demand for high-skilled workers who are good substitutes for low-skilled workers
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Related Book For
Microeconomics Private And Public Choice
ISBN: 9780538754330
13th Edition
Authors: James D. Gwartney
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