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smithc52 smithc52
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A year ago
According to several Canadian studies on the effects of minimum-wage laws, there is broad consensus that

▸ the laws decrease the level of employment, particularly for low-skilled workers.

▸ suggests the laws have no effect whatsoever on employment.

▸ the laws lead to an increase in wages and employment.

▸ supports the theoretical predictions that minimum-wage laws increase employment.

▸ employment increases with increases in minimum wages, thus supporting the argument that labour markets are monopsonistic.
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Microeconomics

Microeconomics


Edition: 17th
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Marinaanderson0Marinaanderson0
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A year ago
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You make an excellent tutor!
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This helped my grade so much Perfect
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