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Two economists can agree that raising the minimum wage creates unemployment yet one might argue that raising the minimum wage is a good policy and the other that it is a bad policy. Why can this difference exist? Be sure to use the terms positive and normative in your answer.
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Free Application for Federal Student Aid; a form used by students to apply for financial aid for college or graduate school in the United States.
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The portion of an individual's or entity's income used to determine how much tax is owed to the government in a specific tax period.
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Earnings that are not subject to taxation by governmental authorities.
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