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Explain How Low-Skilled Workers Might Actually Be Made Worse Off

question 35

Essay

Explain how low-skilled workers might actually be made worse off from a minimum wage law in terms of working conditions and job training. In addition, what might be the long-run impact on wages and earnings?


Definitions:

Legal Obligation

A duty enforceable by law, derived from statute, contract, or legal precedent.

Unilateral Contract

An agreement in which one party makes a promise to do something in return for an act of some sort.

Required Action

A specific action that is mandated or obligatory under the terms of a contract, law, or directive.

Cloud Computing

Internet-based computing where data, software, and processing power are accessed over the web, rather than from personal computers or servers.

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