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1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered

1.Explain the theoretical effect of the minimum wage on employment, wages, and earnings in a growing economy. What are the expected effects on the uncovered sectors?

2.Discuss the major empirical estimates of the employment effects of the minimum wage. Also, explain whether (or not) the minimum wage flights poverty.

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