Suppose that in an effort to help low-skill workers the government raises the legal minimum wage to
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Suppose that in an effort to help low-skill workers the government raises the legal minimum wage to $25 per hour. Can you think of any unintended secondary effects that will result from this action? Will all low-skill workers be helped by the minimum wage law?
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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