Seattle employer''s reaction under the mpl model

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Reference no: EM13949334

Marginal Product of Labor Case Study

Your instructor will determine Discussion questions after reviewing case study assignment submissions from you and your peers. 

1. After the city of Seattle mandated a $15 per hour minimum wage in early 2015, what should be a Seattle employer's reaction under the MPL model? 

2. If the $15-per-hour minimum wage were adopted by the Federal government for the U.S., what would be the macroeconomic effect in the U.S.?

Reference no: EM13949334

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