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If the elasticity of demand for low skilled labor is -.2, then a 30% increase in the minimum wage would Question 7 options: have no

If the elasticity of demand for low skilled labor is -.2, then a 30% increase in the minimum wage would Question 7 options: have no impact on the number of jobs available. decrease the amount earned by minimum wage workers as a group. increase the amount earned by minimum wage workers as a group. have no impact on the amount earned by minimum wage workers as a group

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