Statutory Minimum Wage (SMW) has come into force since 1 May 2011 in Hong Kong. The current SMW rate is $37.5 per hour. a. Briefly explain how an effective minimum wage causes a structural unemployment.
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Statutory Minimum Wage (SMW) has come into force since 1 May 2011 in Hong Kong. The current SMW rate is $37.5 per hour.
a. Briefly explain how an effective minimum wage causes a structural
unemployment.
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