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Hi guys,

For my macroeconomics IA I found an article about the Japanese government's attempt to increase inflation through raising the minimum wage (I've attached the article). Would it advisable to analyse this economic proposal from both monetarist and Keynesian points of view, or to just choose one view and stick with it?

Thank you!

high wage japan.pdf

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Sorry for a late reply,

I would say to choose one. You have a very limited word count, so you should use the words you can for what is the most important: showing understanding of economic terms used, analyzing and evaluation, as explaining the graph(s). Using both models will only make you have less words for everything else you should include in your IA. 

Anne

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