Business Studies, asked by AliceCoolin5119, 17 hours ago

10. On April 1, 2009, in the middle of a recession, the government of the province of Ontario, Canada increased the
provincial minimum wage from $8.75 to $9.50. What will the likely effect of this policy be
Both the leftward shift in the labor demand curve and the higher minimum wage will lead to an increase in the
unemployment rate.
explain this statement?

Answers

Answered by shwethakumari029
5

Answer:

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