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PtichkaEL [24]
4 years ago
12

Is minimum wage a good thing or a bad thing? Why?

English
1 answer:
leva [86]4 years ago
4 0

Explanation:

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment. This is one reason why 72 percent of US-based economists oppose a federal minimum wage of $15.00 per hour.

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