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;Q35
Explain, who is helped and who is hurt by a minimum wage? Justify your reasoning.
Step by step
Solved in 2 steps
- Must government policy decisions have winners and losers? What are the effects of raising the minimum wage? It is more complex than simply producers lose and workers gain. Who are the winners and who are the lasers, and what exactly do they win and lose? To what extent does the policy change achieve its goals?Give typing answer with explanation and conclusion what does the effectiveness of minimum wage depend on?What Republicans party think about Minimum wage?