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Labour productivity at the expense of lower employment

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Reference no: EM131482363

1. An economist claims that ‘Minimum wage law increases labour productivity at the expense of lower employment'. Do you agree or disagree?

2. ‘When there is a positive externality in education, too little education will be produced in the market. The free market equilibrium is inefficient.' Do you agree or disagree?

Reference no: EM131482363

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