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In: Economics

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor. Employees value the insurance per unit of labor at $v. How does the insurance mandate affect the equilibrium wage and labor if $v=$0? If $0<$v<$t? If $v=$t?

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Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....
Suppose the government mandates that employers provide health insurance that costs $t per unit of labor. Employees value the insurance per unit of labor at $v. How does the insurance mandate affect the equilibrium wage and labor if $v=$0? If $0<$v<$t? If $v=$t?
Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....
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