Q
An increase in the minimum wage will cause a relatively large increase in unemployment among ?
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A
A. Unskilled workers if the demand for labour is relatively inelastic
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B
B. Unskilled workers if the demand for labour is relatively elastic
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C
C. Skilled workers if the demand for labour is relatively elastic
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D
D. Skilled workers if the demand for labour is relatively inelastic
Correct Answer:
B. B. Unskilled workers if the demand for labour is relatively elastic
