6. Analyze the impact of an increase in the minimum wage from the current level to $10...

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6. Analyze the impact of an increase in the minimum wage from the current level to $10 per hour. How would the following be affected?

a. employment of people previously earning less than $10 per hour

b. the unemployment rate of teenagers

c. the availability of on-the-job training for lowskilled workers

d. the demand for high-skilled workers who are good substitutes for low-skilled workers

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