Some economists believe minimum wages create distortions in the labor market. If you are an employer and
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Some economists believe minimum wages create distortions in the labor market. If you are an employer and unable to hire the one willing and able to work for the lowest wage, how else might you choose a worker? Is this fair? Why or why not? (Austrian)
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Austrian I might decide to hire my friends or to hire those with w...View the full answer
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