Macroeconomics: Private and Public Choice
Macroeconomics: Private and Public Choice
15th Edition
ISBN: 9781305176799
Author: Gwartney
Publisher: Cengage
Question
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Chapter 4, Problem 6CQ

(a)

To determine

Impact of an increase in minimum wage on the employment.

(b)

To determine

Impact of an increase in minimum wage on the unemployment.

(c)

To determine

Impact of an increase in minimum wage on the availability of low-skilled workers.

(d)

To determine

Impact of an increase in minimum wage on the demand for high-skilled workers.

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