Congress passes legislation that increases the federal minimum wage from $7. 25 to $9. 0. For firms that hire large quantities of unskilled labor this can be expected to cause in the price of the goods and services they sell due to a shift of the ______ curve.

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04-11-2022
Business

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Congress passes legislation that increases the federal minimum wage from $7. 25 to $9. 0. For firms that hire large quantities of unskilled labor this can be expected to cause in the price of the goods and services they sell due to a shift of the ______ curve.

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