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Read the section on minimum wage in our text. Michigan increased the state's minimum wage over the past few years, but the state's unemployment has
Read the section on minimum wage in our text. Michigan increased the state's minimum wage over the past few years, but the state's unemployment has declined for most of that time. How would you explain this in light of what the text predicts will happen as the result of increasing the minimum wage. Hint: Something else may have been happening during this time period to alter the predicted outcome in the text regarding the minimum wage and unemployment. This question relates to the years before the pandemic.
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