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Refer to What Walmart's Pay-Rise Experiment Says About the Future of Low-Wage Work: Not Always Low Wages, found in the study materials. Based on this
Refer to "What Walmart's Pay-Rise Experiment Says About the Future of Low-Wage Work: Not Always Low Wages," found in the study materials. Based on this article and information in the textbook, explain how Walmart's pay increase relates to the concept of efficiency wage. What kinds of public policies might be helpful to the low-skill workers that Walmart is no longer interested in hiring
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