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Determine (and justify) whether each of these arguments is valid or not. If an argument is not valid, give a counterexample.(b) If wagers are raised,

Determine (and justify) whether each of these arguments is valid or not. If an argument is not valid, give a counterexample.(b) If wagers are raised, buying increases. If there is a depression, wages cannot be raised. Thus if there is a depression, buying cannot increase.

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