Question: Consider the relation between labor and capital . Suppose there is new legislation that limits working hours and imposes a minimum wage. A researcher finds

Consider the relation between labor and capital.

Suppose there is new legislation that limits working hours and imposes a minimum wage.

A researcher finds that compared to the economy before the legislation, the economy after the legislation shows a decrease in productivity. Can we conclude that the legislation that limits working hours and imposes a minimum wage decreases the productivity of the economy?

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