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Other Fields Homework Help Economics Topic started by: Mairoon on Oct 17, 2017



Title: In the labor market, if the government imposes a minimum wage that is below the equilibrium wage, ...
Post by: Mairoon on Oct 17, 2017
In the labor market, if the government imposes a minimum wage that is below the equilibrium wage, then
A) workers who wish to work at the minimum wage will have a difficult time finding jobs.
B) firms will hire fewer workers than without the minimum wage law.
C) some workers may lose their jobs as a result.
D) nothing will happen to the wage rate or employment.


Title: Re: In the labor market, if the government imposes a minimum wage that is below the equilibrium ...
Post by: LBCea on Oct 17, 2017
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