ECN 601 GCU The Effects of Increases on Minimum Wages Discussion
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I’m working on a international economics discussion question and need the explanation and answer to help me learn.
Begin by locating a scholarly article regarding the effects of increases on minimum wages and discuss its findings. Does a minimum wage increase lead to reductions in employment, or is the overall effect on employment net positive? Do you agree or disagree with the results of the study? What do you think are other vital considerations that should be taken into account in the study? Discuss how conscious capitalism would approach a minimum wage increase. Provide examples to support your rationale.
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