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Economics
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Economics
An increase in the minimum wage will cause a relatively large increase in unemployment among ?
A
unskilled workers if the demand for labour is relatively inelastic
Option A
unskilled workers if the demand for labour is relatively elastic
Correct answer
C
skilled workers if the demand for labour is relatively elastic
Option C
D
skilled workers if the demand for labour is relatively inelastic
Option D
Correct answer: B
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