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SethHuddleston SethHuddleston
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6 years ago
Job rationing occurs if
A) the minimum wage is set below the equilibrium wage rate.
B) an efficiency wage is set below the equilibrium wage rate.
C) a union wage is set below the equilibrium wage rate.
D) the real wage rate is pushed above the equilibrium wage rate.
E) the Lucas wedge is positive.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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loeinjhonsonloeinjhonson
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6 years ago
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6 years ago
Such an awesome helper!
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