The state government is considering raising the minimum wage from 15$ per hour over the next 3 years. As an economic advisor to the governor, you have been asked to provide a recommendation on whether the minimum wage should be increased based on economic theory. Consider the labor market provided.?
Which of the following is a topic of macroeconomics?
Which of the following is a topic of macroeconomics? A) why nations have different rates of growth B) what causes inflation and what can be done about it C) why unemployment periodically reaches very high levels D) all of the above Last edited by survival race 30 seconds ago