Business, 24.11.2021 14:00 txayrion

South Africa has an unemployment rate of around 32.6% (using the narrow definition) and 43.2% (using the broad definition). Using market supply and market demand curves describe how the market will react to the
introduction of statutory minimum wage. Indicate what the likely effect would be on the unemployment
situation in South Africa.

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South Africa has an unemployment rate of around 32.6% (using the narrow definition) and 43.2% (using...

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