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Canadian Studies on the Effects of Minimum-Wage Laws

Question 88

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Canadian studies on the effects of minimum-wage laws


A) suggest that they have no effect whatsoever on employment.
B) support the evidence from the United States that these laws increase wages and employment.
C) support the theoretical predictions that minimum-wage laws increase employment.
D) find that employment increases with increases in minimum wages,thus supporting the argument that labour markets are monopsonistic.
E) find that they decrease the level of employment,particularly for low-skilled workers.

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