Suppose that in an effort to help low-skill workers the government raises the permissible minimum wage to

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Suppose that in an effort to help low-skill workers the government raises the permissible minimum wage to $15 per hour.

Can you think of any unintended secondary effects that will result from this action? Will all low-skill workers be helped by the minimum wage law?

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Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 24, 2024 07:03 AM

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Suppose that in an effort to help low-skill workers the government raises the permissible minimum wage to

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Microeconomics Private And Public Choice

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