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Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.
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Did increase in minimum wage cause a decrease in crime in NYC?
I was recently reading about the pros and cons of increasing the minimum wage.
This excerpt is from pro #15 at the bottom of this webpage:
Researchers who studied crime rates and the minimum wage …