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Business, 02.08.2019 18:20 DarkKings799

If minimum wage laws are generally nonbinding and do not affect the equilibrium wage, then what is the purpose of implementing a minimum wage? correct answer(s) it leads employers to create better working conditions out of fear that a binding law may soon be imposed. it works to reduce the existing unemployment rate. it holds out the promise for low-income voters of a betterment i

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If minimum wage laws are generally nonbinding and do not affect the equilibrium wage, then what is t...
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