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Suppose you were to hear a politician defend the minimum wage on the grounds than the low-wage workers would spend more of their extra income
Suppose you were to hear a politician defend the minimum wage on the grounds than the low-wage workers would spend more of their extra income that wealthier employers, would and therefore the effect would be positive, you would know this person to be relying on the ________ argument. Multiple Choice macroeconomic elasticity work effort consumer and producer surplus
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