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7 April, 05:39

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

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  1. 7 April, 06:02
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    I believe they are looking for something along the lines of economic stimulus. In other words increasing minimum wage in a recession they were hoping to increase spending. If you're giving more people more money hopefully they will have more money to spend thus stimulating the economy.
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