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Through which channels does a binding minimum wage affect

Minimum wage and employment

Read the article "The effects of minimum wages on employment" and answer the questions below:

a) Through which channels does a binding minimum wage affect employment? Illustrate this effect with a diagram.

b) According to recent research what are the employment effects of minimum wages?

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Microeconomics: Through which channels does a binding minimum wage affect

Reference No:- TGS01493064

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