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Title: In a competitive labor market, a minimum wage law set above the equilibrium wage rate Post by: Loraine on Jun 20, 2015 In a competitive labor market, a minimum wage law set above the equilibrium wage rate
A) creates a shortage of labor. B) causes equality between the quantity of labor supplied and the quantity demanded. C) creates a surplus of labor. D) lowers the wage rate paid to workers. E) has no impact. Title: Re: In a competitive labor market, a minimum wage law set above the equilibrium wage rate Post by: VincenzoD on Aug 2, 2015 Content hidden
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