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8- The income effect of a wage increase is expected to increase a. supply of labor. b. supply of goods and services. c. demand for

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8- The income effect of a wage increase is expected to increase a. supply of labor. b. supply of goods and services. c. demand for leisure. d. demand for labor. 9- The employment effect of a minimum wage increase is greater the a. more elastic the demand for labor. b. less elastic the demand for labor. c. more the wage ceiling shifts the supply curve. d. more the wage floor shifts the demand curve

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