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Amado: I went to ×××ר ×שת×ת ×©× A federal minimum wage hike would boost the real income and spending of minimum wage households. The impact could be sufficient to offset increasing  consumer prices and declining real spending by most non-minimum-wage households and, therefore, lead to an increase in aggregate household spending. The authors calculate that a $1.75 hike in the hourly federal minimum wage could increase the level of real gross domestic product (GDP) by up to 0.3 percentage points in the near term, but with virtually no effect in the long term.
samples of college essays The British government has ruled out a broad investigationinto whether Royal Bank of Scotland should be broken upand sold off in smaller component parts to foster morecompetition in the banking sector. ()