Question
If you are a proponent of higher minimum wages, are you likely to also view wage subsidies as an effective policy for increasing wages for
If you are a proponent of higher minimum wages, are you likely to also view wage subsidies as an effective policy for increasing wages for workers? Hint: consider what must be true about the labor market in order for people to support higher minimum wages. Then, consider how that would impact wage subsidies.
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
