Since the Minimum Wage Was First Legislated,a Concern Has Been

question 44

Essay

Since the minimum wage was first legislated,a concern has been that it will reduce employment among groups it is intended to benefit.Despite this concern,adverse employment consequences of changes in the minimum wage have been relatively small.Use a two sector model to explain why adverse employment effects of a minimum wage increase might be expected to be small.

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Definitions:

Refracting

The bending of light as it passes through one medium to another, which is a principle used in lenses to correct vision.

Visual Impairment

A decrease in the ability to see to a significant extent, not fixable by usual means such as glasses.

Excessive Rubbing

The act of rubbing a body part too much or too harshly, which could cause damage or irritation to the skin or tissues.

Rapid Lateral Movement

Quick side-to-side movement, often referenced in physical activity or sports to describe swift changes in direction.