Republicans argue that labor demand is ________,so ________ jobs will be lost when the minimum wage is raised

Name: Republicans argue that labor demand is ________,so ________ jobs will be lost when the minimum wage is raised
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Question

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Republicans believe that labor demand is elastic, meaning that when the cost of labor (i.e. wages) increases, employers will respond by hiring fewer workers. This would result in many jobs being lost if the minimum wage is raised.

Republicans Argue That Labor Demand Is ________,So ________ Jobs Will

Republicans Argue That Labor Demand Is ,So Jobs Will