[See Steps] What is a purpose of a minimum wage law? Who is benefiting from increase in minimum wage? Explain Who gets hurt from minimum wage? Explain.
Question:
- What is a purpose of a minimum wage law?
- Who is benefiting from increase in minimum wage? Explain
- Who gets hurt from minimum wage? Explain.
- What will happen to unemployment among unskilled workers if minimum wage is increased? Explain.
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