hould there be a “living wage”? What are the costs and benefits of a minimum wage or living wage? How does a minimum wage affect the demand for labor?…
Should there be a minimum wage? Should there be a “living wage”? What are the costs and benefits of a minimum wage or living wage? How does a minimum wage affect the demand for labor? How does it affect the supply of labor? (think about the supply and demand equilibrium model).
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