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But how long will that take relative to price increases?
by jrs95 9y ago
But how long will that take relative to price increases?
- dragonwriter 9y agoEssentially no time at all. May even be quicker than price level increases, since the upward wage pressure may be felt once the minimum wage increase is set and publicly known, and before it goes into effect, and that leading upward wage pressure may be the first driver of price increases.