Milton Friedman on Minimum Wage

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=IsGc2isuXAQ

This revision video takes students through a basic analysis of the impact on wages and employment of a minimum wage introduced into the labour market. It includes a comment on the importance of elasticity of labour demand in determining the employment consequences of a higher pay floor. • #aqaeconomics #ibeconomics #edexceleconomics

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