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Question: The following article appeared on the front page of the Wall Street Journal on April 17, 1998: The public, by 79% to 17%, favors raising the minimum hourly wage by $1 to $6.15. But Princeton economist Alan Krueger, whose research helped win a rise in 1996, is ‘‘less confident'' another boost so soon ‘‘will have as benign consequences'' on jobs as the last one seemed to have.
(A) What research did Krueger use to ‘‘help win'' a rise in the minimum wage in 1996? What did his results show?
(B) What were the ‘‘benign consequences'' of the previous minimum wage hike?
(C) Assuming that Krueger is correct, why is he ‘‘less confident'' that a further boost in the minimum wage would have no adverse effects?
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In certain weeks, you will be graded on how you participate within the discussion boards with your fellow classmates and instructor.
Y= C0 +Io+Go+X0-M, M=mo+m1yd,C=co+c1yd,T=tY and Yd=Y-T Show that equal change in taxand government expenditure areexpansionary to theeconomy?
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Quantity = 200 - 5 (P) Total Cost = 400 + (4) Q Looking to find P and Q. I have the answers but am looking for step by step instructions. I get to P=40-Q/5 and then I plug that into TR = P x Q but I get stuck shortly after that. I al..
Write an explanation to someone who does not know how to make proper measurements on how to measure the following line with the ruler.
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Introduce and describe a problem in your life. This can be a simple or a complex problem such as completing homework, doing chores, planning a vacation, budgeting, work issues, and buying a new car.
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