Question
After reading and reviewing Chapter 4 and watching the video Labor Markets and Minimum Wage: Crash Course Economics #28 , answer one of the following
After reading and reviewing Chapter 4 and watching the video Labor Markets and Minimum Wage: Crash Course Economics #28 , answer one of the following discussion questions. Make sure to include relevant points to your answer.
Suppose that a 5% increase in the minimum wage causes a 5% reduction in employment. How would this affect employers and how would it affect workers? In your opinion, would this be a good policy?
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Strategic Management And Business Policy Toward Global Sustainability
Authors: Thomas L. Wheelen, J. David Hunger
13th Edition
9780132998079, 132998076, 978-0132153225
