ECON545 Week 1 Discussion 2
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Description
Topics
Topic
Introductions (not graded, but required)
Supply and Demand (graded)
Elasticity and the Minimum Wage (graded)
Q & A Forum (not graded)
Elasticity and the Minimum Wage (graded)
What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes?
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Responses
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