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3. How does a higher minimum wage affect poverty rates and inequality? Explain. a. In your opinion, which group is likely to be affected the

3. How does a higher minimum wage affect poverty rates and inequality? Explain. a. In your opinion, which group is likely to be affected the most by minimum wage, the high-skilled workers or low-skilled workers? Explain why b. Explain in detail three major benefits of raising the minimum wage. c. Explain in detail three major costs of raising the minimum wage

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