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Employment effects in different economic theories. Neoclassical economic theory predicts that higher minimum wages will lead to lower employment. This may happen for two reasons: firstly, because minimum wages may force enterprises to raise the prices of their goods and services, and consumers or international buyers who face higher prices may
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Landmark cases produce real-world scenarios, including unforeseen problems & negative consequences of laws.
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The term “divorce culture” has been popularized in recent. years by scholars studying American family demographics. It suggests. that the high rates of divorce relative to earlier decades are in part due to. changes of values in American society at large, though little direct em-
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A bill in the constitution is a draft of proposed law presented to parliament for discussion.
Answer: Government is fragmented and policy responsibility is divided.
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