neoclassical economists neoclassical economists believe that

Last updated: 10/24/2023

neoclassical economists neoclassical economists believe that the federal government should increase the minimum wage if minimum wage is set above the equilibrium wage it creates unemployment some workers who are lucky enough to keep the job will receive higher incomes if minimum wage is set below the equilibrium wage it is redundant ineffective Question 29 3 points ment about the minimum wage legislation according to Listen Which inflation is more likely to be associated with stagflation O imported inflation market power inflation demand pull inflation