What is the effect of the changes in the minimum wage on the quantity of labor employed
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What is the effect of the changes in the minimum wage on the quantity of labor employed in Bulgaria and in Greece?
Bulgaria has the lowest minimum wage in the European Union (E.U.), but its level has doubled. The minimum wage in Greece has fallen.
Assume that in both countries, the minimum wage is above the equilibrium wage.
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The subject at hand involves economic theories related to the labor market specifically in relation to minimum wage policies Well consider these conce...View the full answer
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