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ECONOMICS- Case
Please use the attached documents to answer the questions below.
1. Based on the posted readings by Neumark and Dube, outline what you see as the main costs and benefits of increasing the minimum wage.
2. Do you believe the minimum wage is an efficient wage of addressing income inequality issues? Why or why not?
I am looking for informed assessments, based on the theory, the readings, and the evidence. I am not looking for personal opinions or unsubstantiated claims.
Two to three pages max.