In July 2017, the Santa Monica Hotel Working Living Wage Rate was set a $15.66 and will
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In July 2017, the Santa Monica Hotel Working Living Wage Rate was set a $15.66 and will increase every year in accordance with the Consumer Price Index (CPI). Predict the effect of such legislation on unemployment in the hotel and shopping industries in Santa Monica. What would you expect to happen to the unemployment rate in neighboring areas?
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