Question
Medium Run/ Labor Market a.What is reservation wage and what are the different wage-setting practices and their effect on employment and prices? b.Is minimum wage
Medium Run/ Labor Market
a.What is reservation wage and what are the different wage-setting practices and their effect on employment and prices?
b.Is minimum wage part of different wage setting practices? Or is it just a determinant of wage?
Long Run
a.Name 4 growth theories and a brief description
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
