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Suppose You Were to Hear a Politician Oppose the Minimum

Question 56

Multiple Choice

Suppose you were to hear a politician oppose the minimum wage on the grounds that it would hurt employers and employees (who lost their jobs) more than it would help those who earned a higher wage, you would know this person to be relying on the ____ argument.


A) macroeconomic
B) elasticity
C) work effort
D) consumer and producer surplus

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