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A state passes a minimum wage law.Fred Whitby,President of Unisys Corporation,is certain that it is unconstitutional.For example,Fred argues that the Constitution's Contract Clause plainly renders the law unconstitutional.Is Fred right? Why or why not?
Structural Unemployment
Employment decline due to the transformation of the industrial landscape, primarily influenced by technological progress, rather than changes in demand or supply dynamics.
Structural
Pertaining to the intrinsic, essential framework or construction of something, often used in contexts like structural reforms in economics or structural engineering.
Shipbuilder
A person or company that specializes in the construction of ships.
Specialized Skills
Specific expertise or abilities acquired through education or training, enhancing an individual's performance in a particular job.
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