Principles of Microeconomics, 7th Edition

Published by South-Western College
ISBN 10: 128516590X
ISBN 13: 978-1-28516-590-5

Chapter 19 - Part VI - Earnings and Discrimination - Problems and Applications - Page 411: 2

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A single minimum wage may have a negative effect on teenage staff, because they would be motivated to leave school and start work immediately. But there is a second effect, as new hires are now forcing some former jobs out of work and causing higher unemployment.
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