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Other Fields Homework Help Economics Topic started by: dupoyjohn134 on Mar 4, 2019



Title: Since the minimum wage rate began it has typically stayed at about what percentage of the average ...
Post by: dupoyjohn134 on Mar 4, 2019

Question 1.

An increase in the minimum wage will tend to cause which of the following to occur?

• a rightward shift in the supply of labor

• a reduction in the unemployment rate

• a leftward shift in the demand for labor

• an increase in the size of the surplus of labor

Question 2.

Since the minimum wage rate began it has typically stayed at about what percentage of the average manufacturing wage?

• 40-50%

• 10-20%

• 75-80%

• 20-30%


Title: Since the minimum wage rate began it has typically stayed at about what percentage of the average ...
Post by: getdh on Mar 4, 2019
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Title: Since the minimum wage rate began it has typically stayed at about what percentage of the average ...
Post by: dupoyjohn134 on Mar 4, 2019
This calls for a celebration :raised_hands: