A reduction in minimum wages during the summer months would, Econometrics

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A reduction in minimum wages during the summer months would

A reduction in minimum wages during the summer months would reduce the cost of labor to firms, but it would also reduce the wage that minimum-wage earners receive.

a. Who would benefit from this measure?

b. Who would lose?

c. Would you support this program?

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Econometrics: A reduction in minimum wages during the summer months would

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