=+requiring fi rms to pay workers a real wage of one unit of output. How does this

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=+requiring fi rms to pay workers a real wage of one unit of output. How does this wage compare to the equilibrium wage?

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 28, 2024 10:00 AM

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=+requiring fi rms to pay workers a real wage of one unit of output. How does this wage compare to the equilibrium wage?
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=+ c. Now suppose that Congress, concerned about the welfare of the working class, passes a law
=+ d. Congress cannot dictate how many workers fi rms hire at the mandated wage. Given this fact, what are the effects of this law?
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=+requiring fi rms to pay workers a real wage of one unit of output. How does this

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Macroeconomics

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