2-15 - -Economy of higher wages W W2 W1 A B E1 E2 A = MRP...

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I. Equation 5.3 II. Problems from Chapter 4-5 III. Minimum wages A. Predictions B. Alternative theories C. Evidence D. Min wage policy Alternative Theories of Min Wage
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Unformatted text preview: -Economy of higher wages W W2 W1 A B E1 E2 A = MRP Curve Before min wage increase B = MRP Curve after min wage increase-Shock effect...
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