''Irrespective of the structure of the labour market, economic
theory predicts that the imposition of a...
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Economics
''Irrespective of the structure of the labour market, economictheory predicts that the imposition of a minimum wage above theotherwise prevailing wage unambiguously reduces employmentâ€.
Discuss the validity of the above statement both on the basis ofeconomic theory and in light of the existing empirical evidence
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