thank you ,please answer it
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Explain the CPI and why it is important. How does the CPI differ from the PPP? Provide an example to support your answer
Please provide your own answer, not copy-paste from the internet. I am able to Google stuff too ;). Thank you
What would the effect of increasing the minimum wage on the unemployment rate and labor market, if the minimum wage was binding?
The answer is: Increase the unemployment rate; surplus of labor in the labor market... but can you explain it?
Please and thank you.