Chris Rock explains on Weekend Update how a minimum wage (a price floor) is above equilibrium wage. Thanks to Jodie Beggs for finding the Jeopardy reference that led me to finding this video.
Teaching Economics with Media
Chris Rock explains on Weekend Update how a minimum wage (a price floor) is above equilibrium wage. Thanks to Jodie Beggs for finding the Jeopardy reference that led me to finding this video.
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