Many economists view minimum wage as harmful to the poor because it forces investors to focus on

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Many economists view minimum wage as harmful to the poor because it forces investors to focus on the acquisition of capital assets to save on labor and thus reduces the poor's opportunities for employment and growth.

What is your opinion about the idea of scrapping the minimum wage in favor of a market-determined labor rate in order to increase employment?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Mar 14, 2023 07:08 AM

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Many economists view minimum wage as harmful to the poor because it forces investors to focus on

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The idea of scrapping minimum wage in favor of a marketdetermined labor rate is a controversial one ... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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