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PROBLEM SET Chapter 7: The Wage Structure 7-2. What effect will each of the following proposed changes have on wage inequality? (a) Indexing the minimum

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PROBLEM SET Chapter 7: The Wage Structure 7-2. What effect will each of the following proposed changes have on wage inequality? (a) Indexing the minimum wage to inflation. (b) Increasing the benefit level paid to welfare recipients. (c) Increasing wage subsidies paid to firms that hire low-skill workers

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