What effect will each of the following proposed changes have on wage inequality? (a) Indexing the minimum
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(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.
(d) An increase in border enforcement, reducing the number of illegal aliens entering the country.
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a Indexing the minimum wage to inflation should reduce wage inequality because the minimum wage help...View the full answer
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