Econ%20104%20Syllabus--Pollin--Fall%20-page42

Econ%20104%20Syllabus--Pollin--Fall%20-page42 -...

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But Does Minimum Wage Cause Unemployment? Law of Demand ‘Raise the price of anything and demand will fall.’ Colander: “The minimum wage hurts those who cannot fnd work at the minimum wage but are willing to work and would have been hired at the
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Unformatted text preview: market8determined wage , (p. 114). All economists agree that the above analysis is logical and correct. But How it works graphically. 6...
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This note was uploaded on 11/07/2011 for the course ECON 104 taught by Professor Dolenc during the Fall '08 term at UMass (Amherst).

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