What will happen to prices of goods and services produced

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Question 1: Will the proposed increase help workers? And if so which part(s) of the labor market will be helped?

Question 2: Which part(s) of the labor market will hurt by the proposed increase? How will they be hurt?

Question 3: What will happen to the prices of goods and services produced with minimum wage labor?

Question 4: What is your conclusion? Is this proposal a good idea or not? Explain why.

Attachment:- workers.zip

Reference no: EM132892945

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