What is the effect of a subsidy of s per hour on labor in only one sector

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What is the effect of a subsidy of s per hour on labor in only one sector of the economy on the equilibrium wage, total employment, and employment in the covered and uncovered sectors?

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Microeconomics

ISBN: 978-0134519531

8th edition

Authors: Jeffrey M. Perloff

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Question Posted: Nov 17, 2018 06:19 AM

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What is the effect of a subsidy of s per hour on labor in only one sector

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A subsidy is a negative tax Thus we can use the same analysis as in ...View the full answer

Microeconomics

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