Use Figure 2 to fully discuss the welfare effect of setting a minimum wage of R 13/hr above or below the equilibrium wage.
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2020-06-19T17:35:23-0400
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24.06.20, 22:23
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Dee
23.06.20, 21:35
Which one of the following statements is correct? Although the
economy’s output is at its maximum capacity, are there still
structural and frictional unemployment. A. Cost-push unemployment. B.
Natural unemployment rate. C. Unrealistic unemployment rate. D.
“Steady-state”.
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Dear visitor, please use panel for submitting new questions
Which one of the following statements is correct? Although the economy’s output is at its maximum capacity, are there still structural and frictional unemployment. A. Cost-push unemployment. B. Natural unemployment rate. C. Unrealistic unemployment rate. D. “Steady-state”.
Leave a comment