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The following questions require you to determine answers (approximately 100 to 150 words) based on given,...

The following questions require you to determine answers (approximately 100 to 150 words) based on given, data and/or scenario.

1: “Even though some low-skilled workers are laid off as the minimum wage increases, the economic situation of the working-poor is improved because those low-skill workers who retain their jobs are receiving a higher wage”. Briefly discuss the above statement.

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